Ilyce Glink is the author of ten books, including the bestselling 100 Questions Every First-Time Home Buyer Should Ask. Her nationally syndicated column, "Real Estate Matters," appears in more than 125 newspapers and Web sites, and her online "Ask Ilyce" columns are read by hundreds of thousands of people every month. She is a top-rated radio host on WSB Radio in Atlanta, the Home Equity blogger at CBS MoneyWatch.com, host of the Internet program "Expert Real Estate Tips," managing editor of the Equifax Personal Finance Blog, and publisher of ThinkGlink.com.
Flooding causes billions of dollars in damage annually—last year it was nearly $8.5 billion—yet only 14 percent of homeowners have flood insurance, according to the Insurance Information Institute. Flood damage can happen suddenly, whether it’s from a hurricane, a heavy storm, or rising river water. Last…
Consider renovating your homeowner’s insurance policy before picking up a hammer or hiring a contractor. If a fire gutted your home, how would you feel if your homeowner’s insurance policy paid only three-quarters of the cost of rebuilding it? Not too happy—and understandably so. Unfortunately, that’s what can occur…
Ups and downs continue to dominate the housing market. According to recent data from the United States Census Bureau, the average sales price of new single-family homes sold in 2011 was $267,900—a significant decrease from average prices of $272,900 in 2010, $270,900 in 2009, and $292,600…
For many, the decision of rent vs. buy is a tough one, but with the housing market still on the mend, more people than ever are renting. Builders are taking notice, and they are hoping to appeal to renters who want a place to call home for the long…
If you have less-than-perfect credit, chances are that at some point you have been charged higher interest rates on a loan or line of credit. This common practice is called risk-based pricing. It’s used by lenders to determine for what kind of loan terms individuals…
Buying a HUD home is a great opportunity for those who may not otherwise have the chance to become homeowners. Today’s market is full of HUD homes, and the HUD home-buying process is tailor-made for first-time home buyers and buyers without a large down payment….