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Dream Homes in South Africa

By | November 8th, 2010|

Cape Town, South Africa is revered as one of the most beautiful cities in the world, and for good reason; spectacular beaches and mountain ranges dot the coastal town. South Africa itself-with the help of the World Cup last summer-is gaining praise and respect globally. For ten weeks this spring, I will be in South Africa reporting for a local paper. While saving money is the name of the game at home, I thought it would be interesting to look at some high-end real estate in the Rainbow Nation.

150,000 Jobs Created Not Enough To Lower Unemployment – Ilyce Glink Radio Show Notes November 7 2010

By | November 7th, 2010|

150,000 Jobs Created Not Enough To Lower Unemployment - Ilyce Glink Radio Show Notes November 7 2010. It was an interesting week of business news. First, the stock market finally returned to a level not seen since the week before Bear Stearns collapsed. Next, the private sector created 100,000 new jobs, and added together with the public sector, a total of 151,000 or so jobs were created last month. While that was far above what most economists had estimated, the unemployment rate stayed at 9.6 percent because so many people have just thrown up their hands and walked out of the employment market.

Ilyce Glink Show – Unemployment – Nov. 7, 2010

By | November 7th, 2010|

Ilyce Glink Show - Unemployment - Nov. 7, 2010: 150,000 Jobs Created Not Enough To Lower Unemployment - Ilyce Glink Radio Show Notes November 7 2010. It was an interesting week of business news. First, the stock market finally returned to a level not seen since the week before Bear Stearns collapsed. Next, the private sector created 100,000 new jobs, and added together with the public sector, a total of 151,000 or so jobs were created last month. While that was far above what most economists had estimated, the unemployment rate stayed at 9.6 percent because so many people have just thrown up their hands and walked out of the employment market. Visit Ilyce's blog for more links and information.

QE2 Plan By Federal Reserve Aims To Lower Interest Rates

By | November 5th, 2010|


QE2 Plan by Federal Reserve aims to lower interest rates. Lower interest rates are the aim of the Federal Reserve's QE2 Plan. The Federal Reserve's QE2 Plan aims to boost the economy by lowering interest rates, allowing for more mortgage refinances. The Federal Reserve QE2 Plan aims to lower interest rates and help economic recovery. Lower interest rates from the Federal Reserve's QE2 Plan aim to encourage homeowners to refinance their mortgages. The QE2 Plan by the Federal Reserve aims to lower interest rates and boost the economy.

Withdraw From IRA To Buy Investment Property And Risk Income Taxes

By | November 5th, 2010|


Withdraw from IRA to buy investment property and you risk income taxes. Risk income taxes when you withdraw from IRA, even if it's to buy an investment property. Should you withdraw from IRA to be able to buy an investment property? Don't withdraw from IRA to buy investment property unless you are willing to risk paying income taxes on the IRA money. Withdraws from IRA accounts before a certain time will cause you to pay income taxes on your IRA account money. Consider the income taxes before you withdraw from an IRA to buy an investment property.

U.S. Home Foreclosures Numbers By Homeowners

By | November 5th, 2010|


U.S. home foreclosures numbers by number of homeowners. U.S. home foreclosures are on the rise, here is the number of U.S. home foreclosures with the total number of homeowners in the U.S. Data shows how many U.S. home foreclosures there are, but doesn't mention how many homeowners are in the U.S. Home foreclosures numbers coupled with U.S. homeowners number provide a more complete picture of the affect of U.S. home foreclosures on the housing market.

Don’t Use Quit Claim Deed To Avoid Gift Tax On Inherited Vacation Property

By | November 5th, 2010|

Don't use a quite claim deed to avoid gift tax on an inherited vacation property. If you've inherited a vacation property you don't need to use a quit claim deed to avoid gift tax on the inherited property. Using a quit claim deed to avoid gift tax is not appropriate on an inherited vacation property. A quit claim deed will not help you avoid gift tax on a vacation property. An inherited vacation property that is a gift does not need a quit claim deed to avoid gift tax.

Loan Underwriting Process Makes It Tough To Get A Loan

By | November 5th, 2010|

Loan underwriting process makes it tough to get a loan. Mortgage broker says the new loan underwriting process makes it tough to get a loan. Getting a mortgage loan is tough because of the new loan underwriting process. The mortgage loan underwriting process looks at credit score, loan type, location and home value making it tough for homeowners to refinance their mortgage loan. Low interest rates don't mean it's easier to get a loan, the loan underwriting process makes it tough to get a loan.

Strategic Default: The Consequences of Not Paying Your Mortgage

By | November 5th, 2010|

Strategic Default: The Consequences of Not Paying Your Mortgage When companies take on more debt than they can afford, they typically walk away from some of it to better balance income and expenses. Walking away from certain debts in order to shore up your balance sheet is called “strategic default.” The word “strategic” is used [...]

Halloween Horror Stories on the Ilyce Glink Show

By | November 4th, 2010|

Halloween Horror Stories on the Ilyce Glink Show. We had a spooky show on Sunday - lots of great questions and we even talked about some of the great Hollywood houses that are now haunted by their former (and in some cases long-dead owners). But the really scary stories were the ones about loan modifications gone wrong and folks who are unemployed and worrying about whether they're going to be able to buy food or medicine. It's very tough out there right now. A very scary place to be if you're one of the unfortunate ones who was laid off 99 weeks ago or longer. Links to my Halloween 2010 posts on MoneyWatch.com.

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