Credit Issues? Join the Club
I've been writing about credit histories and what helps or dings your credit score. Take a look at the story. I've started to receive comments on it a...
Sprewell Loses House, Yacht
In mid-May former National Basketball Association star Latrell Sprewell lost his Milwaukee home to foreclosure, reported the Milwaukee Journal-Sentine...
Michael Jackson Almost Lost Neverland
Apparently Michael Jackson just missed losing his Neverland Ranch to foreclosure. E! News reported in mid-May that real estate investment firm Colony ...
Jose Canseco Loses His Home To Foreclosure Too
When I was growing up in the late '80s Jose Canseco was revered for being one of the Oakland A's powerful baseball sluggers along with Mark McGwire an...
Latinos Face Financial Risk
The National Foundation for Credit Counseling and Money just released their 2008 Financial Literacy Survey. Here are some stats about Latino Americans...
Numbers of Foreclosures and Delinquent Loans Increase
Home owners missed payments on almost 6.5 percent of home loans on one to four unit residential properties during the first quarter of 2008. Almost 2....
Good Morning America Weekend Edition
I'm supposed to be taped on Saturday for Good Morning America's weekend edition. It's a real estate-related piece, and I'll let you know if they turn ...
Evander Holyfield’s Foreclosed Home Set To Be Auctioned Off
Evander Holyfield has something in common with some less affluent homeowners: his home is in foreclosure. His $10-million estate in Fayette County, Ge...
Down Payment For Buying A Home As A Gift
When you're selling a home and a buyer wants to buy the property as a gift is there anything you need to watch out for? Should the earnest money, which may become a down payment, be handled in a special fashion? It's critical that the transaction be handled with care to ensure estate planning and gift tax considerations are taken into account.
Estate Planning Includes Transferring Title To Real Estate
As parents, you may decide you want to pass on your real estate holdings to your children. To figure out the right way to pass along property, without incurring excessive taxes or mortgage liabilities, you should do some estate planning with the help of an estate attorney and accountant. When you change the title of a property to the name of your children without proper planning the cost basis becomes the property's original value as opposed to that on the day of your death.