A look into the real estate history and changes that have taken place in the real estate industry in terms of buying and selling your home. For the past twenty years, we’ve been chronicling the developments in the real estate industry in this weekly column. Boy, have times changed. Twenty years ago, the Internet didn’t [...]
There’s a misconception that many small business owners have about loans made through the U.S. Small Business Administration (SBA). They think that the government hands out money to struggling small businesses. It doesn’t. In fact, the SBA guarantees loans to small and mid-sized companies. Banks and other lending institutions make the loans themselves. SBA-backed loans [...]
S&P faces civil lawsuit for selling bad mortgage loan bonds, a result of risky loans from mortgage lenders. This was a huge impetus for the housing market crisis. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on February 10, 2013 at 11:00am Eastern Time on [...]
Economy contracts as Dow rises, showing healthy stock market investment that could be trouble for jobs this year. Mortgage loan interest rates also rose. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on February 3, 2013 at 11:00am Eastern Time on WSB Radio. Welcome and [...]
What does the coming year promise for residential real estate investing? Will it be a good time to try your hand at buying a foreclosure and renting it out? Will rising home values be a positive or negative factor? Where will the best markets be for investors? For investors, who account for one out of [...]
Applying for a loan modification can affect your credit score while you wait for your loan application to be processed. Q: Unfortunately, I am stuck with one of the worst monster mega banks for my loan modification. When I applied for a loan modification, they classified me as "delinquent" while they were processing my application. [...]
Refinancing a rental property or an upside down mortgage? Options for refinancing an underwater mortgage. Q: We received an invitation from a loan company to refinance a rental home we own. Our current lender is in partnership with this company. The interest rate on our current loan is 6.25 percent with about 22 years left [...]
