A refinancing mistake may cause problems with a lender. Save all mortgage and refinance documents and carefully review them to avoid refinancing mistakes. Q: Our lender purchased our mortgage in 2003. Even though we own 35 acres of land, we have had only a two-acre cutout involved in the home mortgage for the more than [...]
Recession is coming again. Don't let the presumed end of the Great Recession in 2009 fool you. Horrible housing market numbers from the National Association of Realtors and deplorable news in unemployment predict more instability for the economy. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink [...]
Foreclosure news April 2012 from CoreLogic reveals another rough month for home owners and the housing market. Since the housing bubble burst in 2008, over 3.5 million Americans have lost their homes. The $26 billion mortgage settlement implementation may make a bad situation worse. CoreLogic, a major provider of housing market data, released a monthly [...]
Why real estate is a good investment despite rough times for the housing market the last few years. Also this Memorial Day, we discuss why everyone is so upset about the Facebook IPO. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show May 27, 2012 on [...]
Real estate fraud or a foreclosed property scam may be the reason why these homeowners cannot buy property they had a verbal agreement to buy. Q: We live in a very rural part of Florida. The property next to ours had a mortgage that was owned by Bank of America. The property, which was completely [...]
A real estate investment trust (REIT) could be a good investment if you are looking to invest in property, but don't want to be a landlord Q: I have been listening to your show through iTunes and have learned a lot over the past few weeks. Thank you for the information you share. After listening to [...]
How to divide inherited property. There are several ways to divide real estate inheritances without resorting to lawsuits between heirs. Q: I have an interesting situation. My aunt recently died and left behind an estate which includes a luxury condo in Illinois. My aunt had no family of her own, and left 40 percent of [...]
Too sell a home with an IRS tax lien, you should remove the tax lien before closing the deal. Q: I am an enrolled agent with 20 years of practice, and 30 years working for the IRS. I thoroughly enjoyed your recent article dealing with IRS liens. I had a few thoughts to add. A [...]
If you're looking to file taxes for previous years, the good news is that you may still get refunds from the IRS. Q: I’m trying to get pointed in the right direction. I was in a motorcycle accident back in 2000. I have not filed taxes since then because I really haven’t been working. I [...]
Home ownership and the Great Recession. A study reports that 79 percent of people view the housing market from a new viewpoint after the burst of the housing bubble. Jim Gillespie, CEO of Coldwell Banker is a guest. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink [...]
