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How to Divide Inherited Property

If you inherit property with siblings or other family members, there are ways to divide the real estate inheritance without resorting to a lawsuit. Q: I have an interesting situation. My aunt recently died and left behind an estate which …

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Ilyce Glink Show – Now is the Time for Real Estate Investment – April 29, 2012

Now is the time for real estate investment. The foreclosure crisis and short sale crisis have been hard on homeowners but there is great opportunity in the housing market for those with the means to buy property. And as usual, …

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Budgeting After Divorce

Budget adjustment after divorce can be painful. Divorce is number two on the Holmes and Rahe Stress Scale with good reason and usually results in the couple readjusting their budget after a divorce.  Anyone who has been through a divorce …

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Selling House At A Loss Might Have Benefits

Q: Can you please help me. I am 32 years old and earn $63,000 a year and invest 8 percent of my salary into my company’s 401(k) plan. I have $90,000 in cash in the bank. I also have a …

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How Will Foreclosure Affect My Credit Score

Q: I was recently divorced and bought a home. However, I have a rental property in an area which is quite depressed and where crime has increased. Homes in that area are now selling for about $15,000 and there are …

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Buy First or Sell First?

Q: I’m in the process of getting my primary house ready to sell in order to downsize. Its value is around $400,000. I owe about $150,000 on it and have no other debts. I won’t be finished with prepping my …

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Seniors: Prepay Mortgage Or Save Cash?

Q: I had written to you a few months ago and never thought I would get a response. To my amazement I was reading your column in Sunday’s paper and my letter was answered by you. I want to thank …

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Feeling Stressed About The Economy? You’re Not Alone

We’re stressed, relatively pessimistic, and unsure about where the economy going into a Presidential election year. Those are the unsurprising findings from the CredAbility Q2 Consumer Distress Index this week. The latest data reflects an average score of 69.20 on …

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Compare Investment Options With A Fee-Only Financial Planner

Q: I finally sold my home after 2 years on the market. A couple of months ago, I purchased and paid cash for a new home for about $400,000. I am 70 years old with no debt. I own two …

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What Can A Credit Counseling Agency Do For You

Q: I am hoping that you can help!!! We have contacted so many people and everyone tells us the same thing. My wife and I make too much money for them to help us. There are so many issues and …

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