Today on the Ilyce Glink Show
For love or money..... According to a new study, three-quarters of young women would marry for money, but the guy better have plenty of bucks -- $2.5 ...
Ilyce Glink on WSB Radio – December 16, 2007
Today on the Ilyce Glink Show, Ilyce talked about her favorite inexpensive gifts to give. She took calls on 1031 tax-free exchanges, refinancing mortgages, construction loans and where to get the best short-term return for an investment of $5,000. All this and more on today's Ilyce Glink Show. Don't forget to check out the show notes at www.thinkglink.com/forum for web addresses discussed on today's show. And to sign up for Ilyce's YouTube channel, go to www.expertrealestatetips.net.
Responses To Agent’s HOA Letter
A homeowner's association fee was not disclosed when this ThinkGlink reader bought a home. Ilyce's readers respond to her article finding the real estate agent to blame for the unknown fee.
Foreclosure Resources from the Federal Reserve
We've mentioned these before, but maybe they're more timely than ever. www.federalreserveeducation.org/pfed/foreclosure www.federalreserve.gov/pubs/...
Homeowners Association Restricts Rental Property
The owner of a condominium wants to lease his property to two 21-year-old women. The homeowners association says the building is restricted to "single-family homes" and he cannot lease his condominium as a rental property. Ilyce says the homeowners association president is mistaking the meaning of, or incorrectly defining a single-family home and they may be violating the Fair Housing Law from HUD.
It’s Becoming More Difficult To Borrow Home Equity
While it's getting more difficult to qualify for home equity loans, Americans borrowed more of their home equity lines of credit than last year. Cons...
Who is Accountable for “New” Air Conditioning Unit Broken in Purchased Home?
A home buyer discovers his air conditioning unit that he thought was new is now broken and wants to hold the seller accountable for not disclosing it. If the buyer can prove the seller intentionally didn't disclose the age of the air conditioner, he may be able to sue the seller for damages. To win a seller disclosure case, you must prove that the seller knew, or should have known, about a particular problem.
Ilyce Glink on WSB Radio – December 9, 2007
This week on the Ilyce Glink Show, Ilyce discussed the mortgage crisis proposal offered by President Bush this week and what you have to do to see if you can take advantage of this opportunity. She fielded questions about closing costs, investing spare cash vs. paying down a mortgage early, and investment property. Check it out and don't forget to take a look at her new all-video website, www.expertrealestatetips.net.
Long-Term Capital Gains Tax Rate
Long-term capital gains taxes will be paid on the difference between the purchase price and the sales price, minus the broker's commission, transfer stamps, advertising costs, any other costs of sale and the cost of capital improvements made to the home.
Owner Financed Mortgage
An owner financed mortgage is not working for this home buyer. Ilyce suggests that this ThinkGlink reader work with a real estate attorney to understand her current mortgage and then refinance from a conventional lender.