ARCHIVED BLOG POSTS

2009 

The IRS just released this information on how you can weatherize your home and take advantage of a tax credit: WASHINGTON — People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall ca...
10/29/2009
Here's what you need to know about the extension and expansion of the $8,000 tax credit as of October 29, 2009: The tax credit would be $8,000 for first-time home buyers and $6,500 for move-up buyers (from December 1, 2009 to April 30, 2010). Move-up buyers will be eligible, so long as the home t...
10/29/2009
WASHINGTON, DC – Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan called on Congress to approve three important measures to improve housing and the housing market for Americans: Extend the First Time Homebuyer Credit, with strong anti-fraud measures Extend Loan Limits for Mortgage...
10/29/2009
According to news reports this morning, Senate negotiators reached a tentative deal on extending and slightly expanding the $8,000 first-time home buyer tax credit. Here’s the tax credit new deal Senate negotiators apparently reached: * The current $8,000 first time home buyer tax credit would be...
10/29/2009
How bad is the economy? Despite what you see going on with the stock market, and the continuing talk about profits and green shoots, it’s pretty bad. According to the official unemployment numbers, not quite 10 percent of the U.S. population is unemployed. But that unemployment number doesn’t inc...
10/28/2009
We’ve learned that hundreds of thousands of mortgage borrowers are scrambling as their funds have been frozen; we were told that Taylor Bean Whitaker loans were to be ported over to Bank of America's Home Loan Services group and performing Freddie Mac loans were supposed to go to Cenlar, a legiti...
10/23/2009
Q: I've been divorced for almost 2 years. My ex-husband was awarded the house and subsequently took over the payments. He has been laid off several times over the last two year, failed to qualify for unemployment, and still has not refinanced the house to remove my name from both mortgages. Becau...
10/20/2009
More and more people are finding that they have fallen into a trap. They bought a second home or moved to get a job and left their primary home, now when they call their lender to request a loan modification, the lender refuses to give them a loan modification because the home is no longer a prim...
10/20/2009
Foreclosure relief is needed to stem the rise but the unemployment rate needs to go down to allow people to earn money to pay their mortgages. Recent statistics may be getting less worse but the economy is still shedding jobs and there are increasing numbers of foreclosures. Eventually the number...
10/20/2009
When it comes to choosing how to hold your real estate investments, you can choose from many options. The most popular options are using an LLC to own real estate or a corporation. Some decide that they would prefer to hold title to their real estate investments in their own name. Is it wise to ...
10/20/2009
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Ilyce Glink

Best-selling author, award-winning TV/radio host.
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