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- BNET Author Biography
Ilyce R. Glink is an award-winning, nationally syndicated columnist, best-selling book author, and radio talk show host who also hosts "Expert Real Estate Tips," a Internet video show. She owns and operates several websites including ThinkGlink.com, ExpertRealEstateTips.com, LawProblems.com, and HouseTask.com, as well as Think Glink Publishing LLC, a privately held...- more about Ilyce Glink »
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- Foreclosures for Sale - and Plenty of Them
- This morning, Irvine, Ca.-based RealtyTrac released its latest foreclosure survey results. The stomach-churning results: 1.9 million foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 1.5 million homes in just the first six months of 2009. RealtyTrac reported that was a 9 percent...
- Blog posts 2009-07-16
- $15,000 Home Buyer Tax Credit Rejected For Cash For Clunkers Bill
- It's Cash for Clunkers - but for home buyers. That's how Sen. Johnny Isakson (R-Ga.) described his $15,000 home buyer tax credit proposal. The proposed legislation would have given a $15,000 tax credit to any home buyer who bought a home, regardless of income. Sen. Isakson's proposal...
- Blog posts 2009-08-10
- Why the Economic Recovery Stinks on Main Street
- The results of today's University of Michigan Consumer Sentiment Survey (consumer sentiment fell unexpectedly to 63.2 instead of rising to 69) only reflect what I've been hearing on my radio show and in emails from my readers: Wall Street may be generating huge profits and paying out even bigger bonuses,...
- Blog posts 2009-08-14
- RE/MAX CEO Dave Liniger Says Recession Is Over
- In 1973, in the heart of the last worst recession, Dave and Gail Liniger started a small real estate company. They were frustrated with the way that agents did business and had this idea to start a different sort of real estate company, one that was...
- Blog posts 2009-08-18
- Wells Fargo Sued for Cutting Off Home Equity Lines of Credit
- Got a home equity line of credit HELOC from Wells Fargo? Check again:Â it might have been cut off. Wells Fargo was sued for fraud today, as a class action lawsuit filed in the Northern District of Illinonis alleged that "Wells Fargo unlawfully failed to accurately assess the...
- Blog posts 2009-08-19
- Wells Fargo Comments on HELOC Lawsuit
- As I reported earlier today, Wells Fargo has been sued for fraud in a class action lawsuit filed in the Northern District of Illinois. My office contacted Wells Fargo about the lawsuit, and here's what they had to say: "We are confident in...
- Blog posts 2009-08-19
- Feeling poor? Try Losing 96 Percent Of Your Wealth.
- Feeling poor? Try walking a long New Mexico mile in John McAfee's shoes. He lost 96 percent of his wealth in the recent bust, and is now selling off his real estate at pennies on the dollar. McAfee is, of course, the founder of...
- Blog posts 2009-08-21
- $15,000 Home Buyer Tax Credit Gets Another Boost
- It isn't just the National Association of Realtors, Mortgage Bankers Association of America, the National Association of Home Builders and Sen. Johnny Isakson (R-GA) who want a $15,000 home buyer tax credit. According to Bruce Hahn, president of the American Homeowners Grassroots Alliance, 70 million homeowners want...
- Blog posts 2009-08-24
- How Many Legos Does It Take To Build A House?
- For years, we had a tub of Legos sitting in our basement. Our kids weren't really into Legos, although they'd build something from time to time. My husband, Sam, has always been far more into building and constructing Lego houses. In Los Angeles, my friend Wendy keeps...
- Blog posts 2009-08-31
- Madoff's Toys, Houses Are Gains from Another Era
- Bernie Madoff's beach house in Montauk, NY, is nice enough. Four bedrooms, three baths, and 1.2 acre's worth of a lot that slopes down toward the beach. Price: $8.75 million. (That's the opening bid, though supposedly the federal government won't take a penny less than $7 million.) Looking...
- Blog posts 2009-09-02
- Are You in Loan Modification Hell? Join the Club.
- Are you in loan modification hell? Has your application for a loan modification been stonewalled? Do you find yourself waiting by the phone week after week, hoping to hear something from your lender? Are you continually asked to provide the same information over and over?...
- Blog posts 2009-09-04
- Drowning In Debt - 25 Million Will Be Underwater With Their Mortgages By 2011
- The clock is ticking. Homeowners are drowning. And the water is only getting deeper. That's the vision of Deutsche Bank, which this week released a disturbing study that predicts 48 percent of all homeowners with mortgages will be underwater by 2011 - that means, their homes will...
- Blog posts 2009-08-07
- Alacazam! Home Values Soar 5 Percent - Or Not
- Is your home worth 5 percent more today than last month? According to Clear Capital, the Truckee, Calif.-based provider of data and solutions for real estate asset valuation, investment and risk assessment, home prices soared an average of 5 percent over the past month, with some regions doing better than others:...
- Blog posts 2009-08-06
- How Many Homeowners Will Be Scammed Twice?
- If you had great credit but were thrust into a subprime or Alt-A loan because someone made a heaping pile of change from it, I believe you were scammed. And if you were told that the only way to qualify for a mortgage you couldn't afford was...
- Blog posts 2009-07-20
- Are Home Prices Going Up or Down? Place Your Bets Here.
- I've been hearing that homes are starting to sell. Home sale prices seem to be a little (or a lot, depending on the location) lower than what the sellers were hoping to get - except for those who are just thankful they're able to sell at all. Are home...
- Blog posts 2009-07-21
- Mortgage Fraud v.2009
- Mortgage fraud is on the rise, especially in states where foreclosures have soared and the general economy is in the toilet. Is it any surprise that those who lived large scamming homeowners during the boom would want to continue that standard of living...
- Blog posts 2009-07-22
- Avoiding Foreclosure One Mortgage Apple Cake At A Time
- Most folks who are down on their luck start praying or buying lottery tickets. Not Angela Logan. The actress and mother of three has starting baking and selling what she calls "Mortgage Apple Cakes" to avoid falling into foreclosure. Last Friday, the New Jersey...
- Blog posts 2009-07-23
- Mold, Lead, and Leftover Meth Update - Watch Out for These Signs
- Last week, I wrote about the New York Times story featuring Rhonda and Jason Holt and the health problems they have stemming from living in their "dream home," which unbeknownst to them is a former meth lab. I spent some time scouring the web looking for signs that...
- Blog posts 2009-07-24
- Is the $8,000 First Time Home Buyer Tax Credit Enough to Save the Housing Market?
- June's new construction and existing home sales numbers are out, and I think they're a mixed bag: New home sales increased 11 percent in June over May, according to the U.S. Commerce Dept. That's the highest amount in 9 years, and welcome bit of news for market-beaten developers....
- Blog posts 2009-07-27
- IRS Warns: Don't Take $8,000 First Time Home Buyer Tax Credit If You're Not Eligible
- It had to happen: With $8,000 in free cash available to first-time home buyers (and those who haven't owned a home in the past three years), somebody had to take advantage of the situation. The Internal Revenue Service announced this morning its first successful prosecution related to fraud...
- Blog posts 2009-07-29
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