A quit claim deed is a great document to use when you just want to get rid of a property and don't care about the consequences. When people own a valuable home, using a quit claim deed isn't usually the right thing to do. In this question, a reader wants to know whether a quit claim deed is the right way to transfer her partner's ownership interest in a property.
Even if you buy a home through a tax sale or sheriff's auction, you may still need fight your property taxes. Determining what your property taxes may be after you purchase might be difficult. If after you investigate, you might decide to fight your property taxes to get them reduced.
Jumbo mortgage loans used to be much easier to get. Today, it's a lot harder to qualify for a jumbo mortgage. One factor that still influences your ability to get a jumbo loan is a good credit history and a credit score well into the 700s. You can expect to pay higher fees for a jumbo mortgage, as well as a higher interest rate. Closing on a jumbo mortgage ight also require additional time and documentation.
The 2009 $8,000 first time home buyer tax credit has been a relief for many first time home buyers. But if you're building a home, you need to know that the critical date to qualify for the tax credit is the date the home is completed and you can move into it as your primary residence. That's the day you qualify for the $,8000 first time home buyer tax credit, not when you close on your construction loan.
While homeowners struggle to save their homes from foreclosure, home buyers are out there looking for homes to buy. In particular, many home buyers are looking for homes that are in foreclosure or about to go into foreclosure. Some buyer's drive through neighborhoods looking for signs of distressed homeowners while others look to the internet. But the best thing you can do is hire a great real estate agent who really understands the process of buying a foreclosure.
How does syndicated columnist Ilyce Glink write her column? Today's question is about process. How does she know who is writing the letter each week.
Kate Middleton and Prince William were spotted looking at luxury $5 million homes near Malibu, California. Are the happy couple moving to the U.S.? It's a new-age house-hunting fairy tale. But it certainly begins with shopping online for a house. If Kate Middleton and Prince William shop online to find a house, shouldn't you?
Today Ilyce Glink filled in for Clark Howard over the holiday weekend. Ilyce discussed foreclosures, as it looks like housing defaults are expected to skyrocket as unemployment continues to rise and homeowners can't make their mortgage payments. The big lenders have indicated that they're going to pursue more aggressively homeowners who default. Ilyce recommends calling the Homeowner's Hope Hotline at 888-995-HOPE if you're behind on your mortgage payments. Ilyce took questions from callers about mortgages and financing, and gave advice on how to shop around for a mortgage. She also took questions about Roth IRAs, paying off debt, how your credit score affects your credit card interest rate, and advised to get rid of credit card debt before purchasing a house. For more show notes and links to resources, visit Ilyce's blog.
Today on the Clark Howard Show, we're talking about foreclosure. It looks like housing defaults are expected to skyrocket, as the unemployment rate co...
Today on the Ilyce Glink Show, Ilyce takes some email from listeners, answer questions about money and real estate and explore the idea that the more things change in real estate, the more they stay the same. She answers several questions from callers about the new credit card legislation and how it will affect consumers, including negotiating credit card debt pay offs, how to interpret your credit score, and what closing credit card accounts will do to your credit score
