Builders are facing cancellation of new construction contracts all over the country. Unless it is specified in the contract, there is no obligation on the part of the builder to return your deposit if you cancel the contract. As the buyer, you are obligated to fulfill the term of your real estate contract.
A woman owns a home that was financed by her brother, who died intestate (without a will) and now she is worried she will lose her home. It's important to hire a real estate lawyer who can help prove that she had a valid contract to purchase the property. Then she should be able to get the title transferred to her during probate.
Join Ilyce Glink as she discusses real estate, personal finance and consumer issues with her listeners.
Residents of the 9th ward in New Orleans were hit perhaps the hardest by Hurricane Katrina. Ronald Lewis was the first person to move back into the 9th ward, and still remains one of the few to return. With the help of students and an architect he has rebuilt his home to be an example to other residents to return and help rebuild the 9th ward. Ilyce wonders if a neighborhood can still survive without its neighbors.
A home buyer bought a condominium and wasn't told that pets weren't allowed according to the association's bylaws. Typically, condo owners must provide a buyer with the condo declarations and all of the rules and regulations for the property. But even if he wasn't informed of the condo association's bylaws, he still needs to abide by the rules.
What happens if you make an oral agreement, instead of a written contract, where the agent would rebate part of the commission in the purchase of a condominium? If the agent does paying the rebate, then you don't have a written contract to back up your claim. Ilyce explains that oral agreements often don't hold up in real estate law, unlike written contracts, and suggests using a real estate service such as BuySide Realty.
Bob wrote: I was driving to the airport this morning and heard your broadcast replay at 4:30.I hear you mention a web site where you could have your ...
We're in the middle of a long, hot summer and anyone who is traveling by air is feeling the heat. On today's show, Ilyce talked about how planes are more crowded than ever and the number of delays (and traveler's tempers) are rising. Should you buy travel insurance? Ilyce runs down the numbers, as well as the new 7 Wonders of the World, as voted on by over 100 million people. All this and your question on this week's Ilyce Glink Show.
If you're looking to earn short-term interest on your saved cash, a short-term certificate of deposit might give you a decent return and won't tie up your cash for long. Another option is to find an online savings account that pays high interest rates. Some mutual companies' cash accounts are also offering high rates for your saved cash.
A woman diagnosed with breast cancel neglects to pay some of her bills. Even during illness or hardship, yo uare responsible for paying your bills on time. Think about setting up automatic payments to make sure they're on time. If your late bills have already been reported, work with the creditors to create a payment plan or your credit score will suffer.
