A daughter has suggested her near-retirement parents gift her the money from selling their home so she can buy them a new one and live in rent free. It would be much less complicated if the parents bought themselves a new home or saved the money for their retirement. Or, if the daughter can afford it, buy the parents a home for their retirement and have them pay rent to the daughter.
A home seller had a deal fall through because the buyer said they were in a flight pattern. After proving that flights are to the south of his home, the seller is wondering if he is entitled to the earnest money.
A home owner is tempted by all the no cost mortgage advertising. He is looking to refinance his mortgage and home equity line of credit (HELOC). Ilyce explains how to shop for a mortgage and advises everyone to beware of deals that seem too good to be true.
A reader visited a new development in her neighborhood. The builder's sales representative will now not work with the buyer's agent. Ilyce explains why new developments try to avoid working with buyer's agents and advises the reader how to continue with an offer.
A home buyer is unhappy that the good faith estimate from his lender did not disclose prepayment penalties. Ilyce explains that he should shop around for a different mortgage company. Having a lender pull his credit report will not lower his credit score.
Real Estate Minute with Ilyce Glink Are Women Insecure About Money? Original Air Date: September 12, 2006
Real Estate Minute with Ilyce Glink Prepare For The Curve Balls Of Life Original Air Date: September 11, 2006
Summary: A reader inherited a dated home from his parents. Now he is faced with the decision to invest money to improve the h...
Real Estate Minute with Ilyce Glink What’s Your Disaster Plan? Original Air Date: September 2006
Normally, condominium associations are not-for-profit corporations, and each state has specific guidelines regulating them. One guideline is to have a registered agent for the condominium association. If the condominium association is involved in litigation, the registered agent is the person who will receive the legal notice of the suit.
