Refinancing Investment Property Under Government Programs is usually not possible, but real estate lenders may have other options available. Q: I may have misunderstood some information from your radio show from last Sunday but wanted to clarify it anyway. Did you say that owners of investment property may be eligible for certain refinancing, interest rate [...]
You may want to use an LLC to buy rental properties, it may be more cost effective to own in your own name with good insurance in your name. Q: I recently purchased a rental property in Illinois. The title is held jointly by my wife and me. We got an investment mortgage for 80 [...]
Have you seen signs or commercials advertising an SR-22 in relation to your car insurance policy? Are you confused about whether it’s something new that you have to have for your insurance policy? This FAQ will explain what an SR-22 is and why you might need it. What is an SR-22? An SR-22 is not [...]
This article was written by guest blogger Eva Rosenberg. You’re working on filing taxes, and you’ve got a refund due to you. But you’re missing one or two key W-2s, and they just don’t seem to be coming. Are you feeling antsy? One of the most common—and frantic—questions asked of TaxMama at this time of [...]
You’ve probably imagined that the first day of your retirement life is going to be wonderful. No alarm clock waking you up, no deadlines, nowhere to be. You can enjoy your morning coffee at your leisure, take a sunrise stroll around the neighborhood, create a new morning routine—essentially, you can do anything you want. The [...]
What can we expect from the ongoing eurozone crisis and the US? This week was a good one for investment in the stock market, despite the uncertainty in Europe. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show February 19, 2012 on WSB Radio. What a [...]
The foreclosure process and REO activity increased in January; is now expected to increase and accelerate according to RealtyTrac’s report. The foreclosure bottleneck is beginning to loosen, according to RealtyTrac’s U.S Foreclosure Market Report released Thursday. According to the report, foreclosure filings -- which include default notices, scheduled auctions and bank repossessions (REO) -- rose [...]
While you may want to just mail your keys to your lender and move on to a new job, you may need to short sell your home first or have the lender agree to a deed-in-lieu of foreclosure. Q: We have a home in Marietta, Georgia and our mortgage balance is about $190,000 and the [...]
