Plenty of people know the anxiety of overbearing debt. According to one source, households in the United States average $15,422 in credit card debt; $34,703 in student loan debt; and $149,782 in mortgage debt. With all of that pressure, many people think it’s impossible to improve their financial situations. However, with some work and smart [...]
WSB Radio’s Ilyce Glink Show. Rebuilding American homeownership; setting, controlling and managing your personal financial goals and future in five steps. We are rebuilding American homeownership on WSB Radio’s Ilyce Glink Show by learning how to reclaim ownership over our home, personal finances and small business. Today I want to emphasize five rules homeowners need [...]
Now is the best time to refinance and lower your mortgage interest rates. Make sure your lender is giving you the best interest rates out there. Q: My current lender contacted me with an offer to lower the interest rate on my mortgage. I'm hesitant because the deal just looked too good to be true. [...]
The housing market news sounds good, this week, as real estate investors continue to play a key role in the housing rebound. Sales of previously owned homes crawled up another .4 percent in January, which means sales would hit nearly 5 million, if this level of housing activity keeps up all year. That’s not the [...]
The average length of time for a refinance can vary if they don't have the right documents needed for a mortgage refinance. Q: My husband and I started a refinance late last year with an Internet lender and we are still going through the process. Now, our mortgage broker wants a letter about my husband's [...]
When transferring home ownership, be aware of the tax implications that could cost you a lot of money. Q: My brother wants to transfer ownership of his home into my name and I need to know what the tax implications are for him and me if we do this. He received a settlement from his [...]
Most of us face this tough question from time to time: Should I buy it or make it? Are these bagels worth the $10 for a dozen, or could I just as easily make them from scratch? Is this outdoor table a good deal, or should I learn a little woodworking and make my own [...]
One of my latest bargain finds is batteries at my local dollar store. I’ve been buying packs of eight AA and AAA batteries for—you guessed it—$1. That’s a huge savings compared to the $8 per eight-pack at my local grocer. However, I’m starting to wonder if the dollar store batteries are wearing out more quickly [...]
If you’re thinking about buying or selling a house soon, you’ve likely heard talk of “buyers’ markets” and “sellers’ markets.” Simply put, a buyers’ market occurs when there are more homes for sale than available buyers. Conversely, in a sellers’ market, demand outstrips supply. In 2013, should the fragile housing recovery proceed as most experts [...]
Few aspects of modern life have been transformed as much by the Internet as house hunting. Last year, 90 percent of all homebuyers—and 93 percent of first-time homebuyers—used the Internet to find a home. However, as powerful and pervasive as it is, online real estate has its failings—some obvious and some known to only a [...]
