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About Ilyce Glink

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So far Ilyce Glink has created 18 blog entries.
  • back taxes
    Permalink

    What Happens When Past Homeowners Have Unpaid Back Taxes?

What Happens When Past Homeowners Have Unpaid Back Taxes?

By Ilyce Glink| 2019-07-03T11:59:11-05:00 July 3rd, 2019|

What happens when past homeowners have unpaid back taxes? The home may become at risk for foreclosure if the new owner skipped title insurance. Q: I bought a home back in 2013. I received free and clear title to it. However this week I was served with papers for foreclosure due to the previous owner's [...]

  • home sellers
    Permalink

    What do Home Sellers Have to Disclose to Potential Buyers?

What do Home Sellers Have to Disclose to Potential Buyers?

By Ilyce Glink| 2019-06-26T12:36:52-05:00 June 26th, 2019|

What do home sellers have to disclose to potential buyers? Being as honest as possible about persistent problems in the home is the best way to go. Q: A large bank of windows in our home leak from time to time. We can have very heavy rain or storm systems move through our area and [...]

  • Permalink

    Should I Sign the Seller Disclosure if I Have Unanswered Questions?

Should I Sign the Seller Disclosure if I Have Unanswered Questions?

By Ilyce Glink| 2019-06-03T15:25:41-05:00 May 31st, 2019|

Should I sign the seller disclosure if I have unanswered questions? Before you sign on the dotted line, consider the worst case scenario for each concern. Q: I purchased an older home in northern California earlier this year. We signed off on disclosures at the time of our purchase. We had a number of unanswered [...]

  • Permalink

    What Happens to Unclaimed Good Faith Deposits?

What Happens to Unclaimed Good Faith Deposits?

By Ilyce Glink| 2019-05-03T11:23:05-05:00 May 3rd, 2019|

What happens to unclaimed good faith deposits? As this loyal reader points out, there are many options which vary depending on your location. Q: Every Sunday morning, your article is one of the first two or three that I read in my local paper. Thank you for enlightening me and the public on real estate [...]

  • Permalink

    How to Take Out a Loan on an Inherited Home

How to Take Out a Loan on an Inherited Home

By Ilyce Glink| 2019-04-18T15:24:04-05:00 April 18th, 2019|

If you want to take out a loan on an inherited home, finding the right lender and knowing your credit score can start you off on the right path. Q: My grandparents passed away years ago. Then, last year, my mother passed. My grandparents owned a home and I paid a title company to complete [...]

  • Permalink

    Does Seller Disclosure Cover Plumbing Problems?

Does Seller Disclosure Cover Plumbing Problems?

By Ilyce Glink| 2019-04-11T16:14:12-05:00 April 11th, 2019|

Does seller disclosure cover plumbing problems? If there was misrepresentation on the disclosure sheet, you may have a case. Q: Three months ago, I bought a house. I didn’t have a septic inspection. A few days ago, the septic pump failed. I had it pumped, then had a plumber come to inspect. He found that [...]

  • Permalink

    What to Consider Before Purchasing Property for Friends

What to Consider Before Purchasing Property for Friends

By Ilyce Glink| 2019-04-11T16:08:42-05:00 April 11th, 2019|

What to consider before purchasing property for friends. No matter how long you’ve known them, a detailed title and promissory note are always necessary. Q: My father purchased a fixer-upper for a friend and hand-wrote a mortgage payment plan they both agreed upon. Well, after a few payments, the buyers stopped making the mortgage payments. [...]

  • Permalink

    Is it a Good Time To Buy a Home in 2019?

Is it a Good Time To Buy a Home in 2019?

By Ilyce Glink| 2019-11-26T15:04:57-06:00 April 8th, 2019|

Is it a good time to buy a home in 2019? It just might be. It might also be a good time to sell. This morning, Fannie Mae released its March 2019 Home Purchase Sentiment Index, which is a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, using six questions from the [...]

  • Permalink

    What is a Deed of Trust?

What is a Deed of Trust?

By Ilyce Glink| 2019-03-08T08:51:57-06:00 March 8th, 2019|

What is a deed of trust? This document often confuses homeowners, especially after they pay off their mortgage. Here’s what you need to know. Q: Thank you for your recent article about transferring ownership of a home among family owners. My question is simpler. I recently paid off my mortgage and received a Certificate of [...]

  • Permalink

    Are You Ever Too Old to Buy Your First Home?

Are You Ever Too Old to Buy Your First Home?

By Ilyce Glink| 2019-03-01T10:20:13-06:00 March 1st, 2019|

Are you ever too old to buy your first home? Of course not! Just make sure you understand what’s required of you as a homeowner and a real estate investor before you buy. Q: I am almost 61 years old and single. I moved to Baltimore and would like to buy a small two-flat to [...]

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