Thinking about flipping homes in retirement? Here’s how to get started to with your first real estate investment and make sure you put your best foot forward. Q: I read your columns regularly. My wife and I currently live in the Northern Virginia area and will be retiring soon. We plan to move to Raleigh, [...]
What Documents Do I Need to Apply for a Mortgage? Here’s a list of the mortgage documents you need to apply for a loan. Make sure to have them handy in order to keep the mortgage loan process on track. Q: I’ve been watching Ilyce’s videos on her YouTube.com/ExpertRealEstateTips channel. I saw one on the [...]
Is the American Dream Out of Reach? Some Americans think financial stability and homeownership are out of reach. But a good strategy can help them get out of debt, buy a home and prepare for retirement to achieve the American Dream. Hard to buy a first home More than 80 percent of Americans agree that [...]
If you’re thinking about prepaying your mortgage loan taxes, you should think again. This move can do more harm than good. Q: If my tax payment is included in my mortgage payment, am I allowed to go to the local tax office and prepay the taxes before the due date in order to reduce my [...]
Despite financial contingencies, this home buyer may lose their $40,000 good faith deposit due to issues with the builder’s mortgage lender. Can they stop this from happening? Q: I came to your website www.thinkglink.com after reading an article that relates to a problem that I am facing in Florida right now. I signed a sales [...]
Real estate research predicts what new construction homes will look like twenty years into the future based on historical housing trends. Hello, central air conditioning and two-car garages. Goodbye basements and fireplaces! A recent real estate study from Porch analyzed census data from 1999 through 2016 to forecast new construction home building trends in the [...]
Placing a Lien On Property That Isn’t Owned By The Debtor isn't complicated. A landlord wants to place a lien on a property, but the property isn’t owned by the debtor yet. He will inherit it at some point in the future. What can the landlord do? Can I place a lien on property in [...]
Cosigning your in-law’s refinanced mortgage can often be a big mistake, especially if they don’t have much financial stability. Q: I was wondering what legal action could be taken if the person living in the home is on the home title but not on the mortgage loan? I recently helped my mother in law refinance [...]
Buying a home is the most stressful event of modern life, but the right real estate agent can alleviate some of that stress and make the home-buying process more exciting than anxiety inducing. When it comes to stressful life events, you might think applying for a job, hosting Thanksgiving dinner, and applying for college are [...]
Why you (probably) shouldn’t combine your mortgage and HELOC loans, especially if your mortgage is nearly paid off and your home equity loan isn’t. Q: I have 4.5 years left on my mortgage. I also have a home equity loan. Would it be wise to combined the two into one loan? A: While it sounds [...]
