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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.

  • Inheriting A Portion Of A Property - A ThinkGlink reader inherited 3/4 of her mother's property and her nephews inherited the rest. Ilyce explains how to come up with a fair buyout price so she can own the entire property.

  • Renters Refuse Landlord's Access - A ThinkGlink reader is renting out their home. The current tenants will not allow him access to the home to show to potential buyers. Ilyce and Sam give the homeowner some tips for working with his tenants.

  • Structural Problems Found After Purchase Of Home - A ThinkGlink reader bought a home and had a professional home inspection. After buying the home and moving in, he has discovered structural problems. Ilyce and Sam explain what recourse this homeowner may have.

  • Tenancy By The Entirety - A ThinkGlink reader comments on a previous article about property being passed on after a death in a family. Ilyce explains tenancy by the entirety.

  • It's The Right Time To Rent - A ThinkGlink reader currently rents an apartment and is thinking of buying a condominium. Ilyce explains under what circumstances a person should continue renting rather than buying.

  • Closing Costs Are Too Much To Bear For Many Home Buyers - Ilyce understands how it can be overwhelming and confusing to understand your exact closing costs. Read this article to understand everything from underwriting fees to junk fees.

  • Pay Off Mortgage Before Retiring? - A ThinkGlink reader is thinking about paying off his mortgage before he retires later in the year. Ilyce explains why refinancing the mortgage would be better due to the large tax bill he would have to pay to remove money from his retirement account.

  • Water In Basement Of New Home - A ThinkGlink reader purchased a newly built home 4 years ago and now has water in her basement. Ilyce explains the various issues the homeowner needs to consider before suing the developer.

  • Placing Rental Properties Into LLC - A ThinkGlink reader owns 12 rental houses and is setting up 12 separate LLCs. Ilyce and Sam explain why this complex arrangement may not be the best idea for this real estate investor.

  • Transferring Ownership of Property - A ThinkGlink reader would like to add his partner as a 50 percent owner to a condominium. Ilyce and Sam explain the best way to proceed.

  • Paying IRS Back Taxes - A ThinkGlink reader would like to quit claim his property to the IRS. Ilyce explains that he will have to sell the property and pay the IRS from the proceeds.

  • Trust Helps Save On Inheritance Tax -  ThinkGlink reader is planning how to divide her property among her children when she dies. Ilyce explains why a trust will be her best option.

  • Refinancing Property After Divorce - A ThinkGlink reader is in the process of getting a divorce and would like to lower her mortgage payment. Ilyce explains how this divorcee should plan for her future.

  • The Search Continues for a Truly Maintenance-Free House - Maintenance free communities are becoming increasingly popular. Ilyce discusses the never ending need to maintain a house.

  • Variations May Be Necessary In New Construction - A ThinkGlink reader put money down for the purchase of a new condominium. The builder made changes to the original plan and will not refund the deposit. Ilyce explains what steps this reader can take to get his money back.

  • How To Price A Lot For Sale - A ThinkGlink reader has a lot for sale, a good appraisal and a potential buyer who thinks she is asking too much. Ilyce explains how this land owner should determine an asking price.

  • Understanding LLCs - A ThinkGlink reader comments on a past article about LLCs. Sam and Ilyce continue to discuss the advantages of having an LLC hold your real estate investments.

  • Filling Out A Quitclaim Deed - A ThinkGlink reader is transferring a property to a newly formed LLC. Ilyce and Sam explain how to use the quitclaim deed. They also encourage this reader to transfer the title insurance to the "new" owner.

  • Fees For Real Estate Referrals - A ThinkGlink reader is wanting clarification of the RESPA (Real Estate Settlement Procedures Act) statute regarding the legality of giving lawyers, brokers and lenders a referral fee. Ilyce and Sam explain how to stay clear of any illegal activity.

  • Buying Home That Is Behind On Back Taxes - A ThinkGlink reader has learned about buying homes that are behind on their back taxes. Ilyce explains how this process works but warns readers that this may not be the easiest or safest way to get rich quick.

  • How Is Property Divided With No Will? - A ThinkGlink reader's father died without a will. She is now wondering how his property will be divided. Ilyce explains that proceeds from the sale of the property will be determined by how the title to the property is held.

  • The Tide Has Turned Against Home Sellers, But For How Long? - How can you sell investment property in a down market? Ilyce shares her story of buying investment real estate at the wrong time.

  • Removing Sibling From Home's Title - A single man put is sister on the title of his home in case something happened to him. Now that he is married, he would like to take his sister off of the title but she will not agree to the change. Ilyce explains why you should always check with an attorney before putting someone's name on the title of a major asset.

  • Understanding The Buyer's Agent's Role - Understanding who represents your interests in a real estate deal is essential but often confusing. A ThinkGlink reader shares his thoughts on representing buyer's interest.

  • Finding Historical Data About Property - A ThinkGlink reader would like to know the value of property in 1968. Ilyce and Sam give tips for researching historical data about property.

  • Voided Contract Leads To Suit - A ThinkGlink reader was in a contract to purchase a home but was denied financing by the mortgage company. The seller has refused to void the contract and has not returned the deposited money. Ilyce and Sam explain what options this reader has in order to move forward.

  • Saving the Earth One House at a Time - Most people think about their cars when they want to help the environment. Ilyce explains that your home is your biggest energy consumer. Here are some tips for making your home green.  

  • Investment Real Estate Loses Value - A ThinkGlink reader bought real estate as an investment based on the advice of a friend. Now its value has dropped and he is unable to sell it. Ilyce explains that in the world of investments, the buyer must beware.

  • Prepayment Penalty Language Hidden In Closing Documents - Always read and understand all your mortgage closing documents. This reader missed the prepayment penalty and now has a huge penalty payment. Ilyce explains if this reader has a case against the mortgage officer.

  • Refinancing Adjustable Rate Mortgage - A ThinkGlink reader would like to refinance a mortgage on a home she bought for her son. Ilyce explains how interest rates are determined for mortgages that are not a primary residence.

  • Ownership of Property In Escrow Questioned During Divorce - A ThinkGlink reader had property in escrow when he got married and closed on the property after the wedding. Now he is divorcing his wife and is wondering if this property is part of their joint property. Ilyce and Sam explain how property is divided during a divorce.









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