When you buy a home with an FHA loan you have to follow their rules, including one where you can't close on a home if it was just sold 90 days earlier. If a seller is eager to sell he may not want to wait that long. Can the seller keep the buyer's deposit if the closing gets delayed or canceled?
Selling inherited property will have its tax implications. To determine what taxes you would pay on selling inherited property, you'll have to get an estimate for the value of the property when it was inherited. You may also own capital gains taxes and state income taxes for the inherited property.
Real estate sales are down- does that mean the economy is next? Will the decline in real estate sales and home values push us into a recession? Ilyce evaluates the state of the economy in light of the down real estate market.
If you want to spend $3,500, you’ll learn how you can merge your money into one account: a money merge account (MMA). Money merge accounts claim to help you pay down your mortgage faster. But there are ways to do that without buying into a money merge account.
Sales of new homes in the U.S. jumped 4.8 percent from August but fell more than 23 percent from September 2006, the federal government reported today...
First-time buyers who can't quite afford to own a home often look for rent-to-own properties, also known as lease/options. You just want to make sure you're not getting scammed if you opt in to a rent-to-own agreement. There are also owners that take advantage of their tenants in a rent-to-own agreement.
Is it a big deal not to have your name on a mortgage? Not if your name is on the title to the home. Having your name on the title but not the mortgage ensures that you have property rights to a home but not financial responsibility. Regardless, you may decide to work with your partner to ensure that the home's expenses are paid on time and in full.
This week on the Ilyce Glink Show, Ilyce talked about the new tax brackets that were announced by the IRS. She also answered plenty of tax questions, questions about contributing to, investing in and converting Roth IRAs. Tune in for more of your questions and Ilyce's answers and information on this week's show.
As if it weren't enough to save every spare cent for retirement costs, you may have to start saving for retirement health care too. More and more emp...
