Ilyce Glink Show on WSB Radio: Will rising interest rates effect real estate investment, and should I buy investment property now? On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed how mortgage interest rates are rising and whether it will have an effect on real estate investment. Ilyce said buying investment property is [...]
Drug activity in rental property will affect the neighborhood. You need to report the issue. Tenant illegal activity can lead to eviction. Q: If you are thinking of investing as part of a slumlord real estate investment group, please don't. The neighbors will pray for your painful demise. We have the misfortune of living next [...]
Need mortgage rate lock advice? Check with your loan officer to make sure it's locked before mortgage interest rates rise. Q: We started working with a loan officer at a bank because he was recommended by our real estate agent and also participates in a program with my employer to help get employees lower interest [...]
Considering expensive home upgrades? Expert tips on spending and saving money wisely, including paying off a mortgage and saving for retirement. Q: I have a $138,000 mortgage at 3.75 percent on a 15-year term with 10 years left to pay. The property is appraised at $300,000. I have $130,000 cash reserve. My wife wants to [...]
Should I refinance my adjustable rate mortgage into a fixed-rate loan? Refinancing your ARM now could increase your interest rate. Q: I owe more on my mortgage than what my house is worth. And, unfortunately, my loan isn't owned by Freddie Mac or Fannie Mae, and it is an adjustable rate mortgage. What are my [...]
Should I short sale my house or foreclose? If you’re underwater, short sale is one option where you can sell your home for less than it's worth. Q: We live in Clayton County, Georgia, where the housing market is still not good. Our home was worth $200,000 in 1999 now it is worth $51,000. We [...]
When remodeling a bathroom on a budget, think about how much it will cost and what the return is. It depends on the size of the bathroom. Q: What is a realistic cost to remodel a master bathroom or a typical price range I should be looking at? A: We recently wrote a story about [...]
Owing more than your house is worth? When deciding if you should get a renovation loan, think about if the debt you'll owe is worth it. Q: My home is like most in our neighborhood: I owe more than what it's worth. I would continue to live in my home until I'm ready to sell, [...]
