More People Want to Live in the City, Says Coldwell Banker
I love telling my out-of-town friends and family how I'm able to walk to the supermarket. And the dry cleaner. And that I can catch the bus or the tra...
Making Crank With Propane Tanks
According to a summer safety alert from the National Propane Tank Association, Methamphetamine users have discovered that they can take propane tanks,...
Happy Father’s Day From The Ilyce Glink Show
Today on the show, I told a story about how my father helped teach me about the value of integrity. When I was growing up, my father (a municipal att...
Ilyce Glink on WSB Radio – June 15, 2008
If you've been listening to the Ilyce Glink show these past few months, you know that Ilyce has had grill troubles. An astute listener sent Ilyce an email Sunday morning with a possible explanation of why her brand new grill failed -- it's possible it was contaminated with a chemical used by meth labs to make crank. On the show this morning, Ilyce discussed a news alert from the National Propane Gas Association that talks about how methamphetamine users are taking propane gas tanks and filling them with a dangerous chemical -- and then returning the empty gas canisters to the store. Tune in to find out more as Ilyce answers your questions this Father's Day. For updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Beware Of Those Who Promise To Save Your Home From Foreclosure
The Department of Justice today announced that eight people were indicted for $35 million of mortgage fraud in Maryland. You can likely find their na...
More Dads Raise Children On Their Own
In 2006, 2.5 million dads raised kids by themselves. In 1970, there were 400,000 single dads. Of all single parents today, 19 percent of them are dads...
Bad Appraisal Of Home Value Leads To Loss Of Earnest Money
Mortgage lenders require appraisals before issuing home loans. What happens if the home you want to buy appraises lower than what the seller wants? It depends on the contract. The buyer may lose his earnest money if the home does not appraise out and the seller is unwilling to lower the price. It's up to the buyer to cancel the home buying contract if the contract permits him to do that.
Contract Termination With Structural Damage
A home buyer asks about breaking a home sale contract after he learns about a cracked plaster wall. The seller wants to fix the problem but the buyer still wants to terminate the contract. The buyer does not want to fulfill the contract and buy the home with the structural issue, even after it is fixed. The buyer may lose his earnest money depending upon the terms of the contract.
Home Loans, Homeowners Insurance And Home Inspections
If you're looking for zero down mortgage but don't qualify for a VA loan, you could look into the USDA Rural Development Guarantee Loan Program. When shopping for homeowners insurance, be sure to look at more than price because you may miss out on extra coverage that could save you money in the long run. And if you're a home buyer or seller, be cautious about having your attorney share the results of a home inspection.
Selling Inherited Property
If a property is transferred on death the tax basis is the value of the property on the day of the transfer. If the new owner sells the property right away she will pay no tax. If the estate is larger than the current amount one can pass down tax-free, the estate would pay any taxes owed, not you.