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Articles By Ilyce

Ilyce Glink is an award-winning, nationally syndicated columnist, television reporter and radio talk show host who is widely known for her expertise on trends and issues in real estate and finance. Her syndicated column REAL ESTATE MATTERS offers common sense information and practical insights for anyone thinking about buying, selling, rehabbing or refinancing a home.

  • Limiting Taxes When Selling Property - A reader is planning on moving out of state and wishes to sell their primary residence and their rental property. Ilyce discusses the best tax strategy and explains how refinancing affects your taxes.

  • Selling Your Home On The Web - A reader is thinking of selling their home on the internet at a sale by owner web site. Ilyce discusses what to watch out for and how to work with a local agent.

  • What’s New in Housewares - Ilyce reviews coffee makers and silicone technology in the first of her two reviews of the Chicago Home and Housewares Show.

  • How To Select The Best Lender For Your Mortgage - A reader is planning on buying their first home and has begun to research lenders. They ask if the lowest interest rate is always the best or should they go with a lender they know. Ilyce gives the basics on choosing the best lender with the best rate.

  • The Basics About Easements - A reader has property with an easement for his dock and air conditioners. Sam and Ilyce explain the basics about easements and point out some potential problems for the reader.

  • Seller Refuses To Vacate Property - A reader purchased a new home and allowed the seller to reamain at the home for fourteen days. Now the buyer is having trouble getting in the home. Ilyce suggests filing lawsuit and always having a real estate attorney help with a closing.

  • Flow Of Information During A Real Estate Closing - A reader has a terrible time at the closing of their first home. Ilyce and Sam talk about the role of the agent, title company, and buyer.

  • Learning How To Become A Home Inspector - A reader would like to learn how to be a home inspector. Ilyce suggests checking with the ASHI to find a reputable school.

  • More Real Estate Books for Spring - Ilyce reviews "Trump Strategies for Real Estate: Billionaire Lessons for the Small Investor" by George Ross. Ross, Trump's sidekick on the "Apprentice", has some great tips and common sense advice for real estate investors.

  • A Construction-To-Permanent Loan Ends With Higher Rate - A reader has a construction-to-permanent loan and the home construction will soon be finished. Now the lender is quoting a higher rate than other lenders. Ilyce suggest going with the original loan to avoid fees and then refinancing as quickly as possible.

  • Avoid Late Charges By Paying Online - A reader is wondering if making a payment a few days late will trigger higher rates from other creditors. Ilyce states that late payments are not usually reported for less than 15 to 30 days. She encourages the reader to sign up for automatic payments to avoid all late payments.

  • Seller Sued For Missing Fixtures - A reader is being sued by the person they sold their home to for missing fixtures in a bathroom. The buyer claims they had a verbal contract but the written contract contains nothing regarding the fixtures. Sam and Ilyce explain that a written contract usually is considered binding over a verbal contract but litigation is difficult, time-consuming, expensive and can be heartbreaking. If at all possible, you should try to resolve the conflict outside of court.

  • Access To Property Needs To Be On Record - A reader has purchased property that is only reached by an inaccessible county road. The seller gave them temporary access through his property until the road is repaired. Now the neighbor is selling his property and will not give them an easement. Sam and Ilyce encourage the owner to quickly get a document on file stating their right to access their property.

  • Real Estate Books are Blooming - Ilyce reviews two real estate books: Every Landlord’s Tax Deduction Guide and The House That Jill Built: A Woman’s Guide to Home Building.

  • How To Schedule Your First Home Purchase - A reader is planning on buying their first home and would like to time it with the end of their rental lease. Ilyce takes them through each step of the buying process.

  • Complaining About High Closing Costs - A reader has difficulty getting their lender to disclose the closing costs for their loan. After discovering they are too high and cancelling the loan, the reader asks about where to file a complaint.

  • Selling Investment Property - A reader is hoping to sell his investment property in Florida in order to finance a move to Seattle. Ilyce gives him advice on on the sale of his investment property.

  • Deciding Whether To Remodel Or Buy A New Home - A reader is planning on remodeling their home in order to get more room. They are unsure whether it is a better plan to remodel or buy another home. Ilyce concludes that if the local economic conditions seem to be good, and other people in your neighborhood are investing cash in their homes to improve them, then the investment would appear to have little risk.

  • Septic System Problems - We recently purchased a new home. Before we moved in, the neighbors informed us that our home had been built eight months earlier and the basement had flooded.

  • Losing My House to Creditors - Should I declare bankruptcy? I've got a ton of credit card debt and I'm worried that my creditors will put a lien against my house. I don't want to lose my house. What should I do?

  • The Basics Of Reverse Mortgages - A reader is thinking about purchasing a reverse mortgage. Ilyce explains the ins and outs of this option for people who are older than 62 years.

  • Financing Investment Property - A reader is wondering how to finance the purchase and rehab of a property. Ilyce discusses FHA203(k) loans and construction loans.

  • Getting Real On Pricing A Fixer-Upper - Ilyce reflects on how some people are making a killing on real estate investments. Those who are the most successful at selling property seem to understand something very basic: In order to sell quickly, you have to have something that people want to buy at a price that gives buyers an incentive to move quickly.

  • Refinance Is "Outside The Lending Territory" - A reader applies for a refinance and is denied because they are outside the lending territory of the lender. Now the mortgage broker has not returned their application and commitment fees. Ilyce believes they have been ripped off.
















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