Finance Blog
How to Think about Debt When Buying a Home
Written by Ilyce Glink on November 12, 2010
2 comments
How to Think about Debt When Buying a Home Michelle sent me the following question: I am currently reading your book 100 Questions Every First-Time Home Buyer Should Ask because my husband and I are hopefully buying a home within the next year. It is…
Strategic Default: The Consequences of Not Paying Your Mortgage
Written by Ilyce Glink on November 5, 2010
1 comment
Strategic Default: The Consequences of Not Paying Your Mortgage When companies take on more debt than they can afford, they typically walk away from some of it to better balance income and expenses. Walking away from certain debts in order to shore up your balance…
4 Tips for Buying a HUD Home
Written by Ilyce Glink on October 29, 2010
10 comments
A HUD home is nothing more than a house that was purchased with an FHA loan that has since fallen into foreclosure. (I’m not sure why these homes aren’t called “FHA foreclosures,” which would be more intuitive for home buyers and investors, but the Department…
Buying a New Home? Here Are 5 Things Your Builder Won’t Tell You
Written by Ilyce Glink on October 22, 2010
3 comments
Buying a New Home? Here Are 5 Things Your Builder Won’t Tell You There are plenty of new homes to buy these days. In fact, depending on the city where you live, there may be years’ worth of new homes for sale. Many developers have…
Reverse Mortgages: What’s New
Written by Ilyce Glink on October 15, 2010
3 comments
Reverse Mortgages: What’s New If you’re a senior age 62 or older, you’ve probably heard the term “reverse mortgage.” You may even have seen an ad featuring celebrated actor James Garner speaking on behalf of Financial Freedom, a reverse mortgage lender. Simply, reverse mortgages allow…
Zero Down Home Loan Options
Written by Ilyce Glink on October 8, 2010
2 comments
Zero Down Home Loan Options I recently received this question from one of our Equifax Personal Finance Blog visitors: Q: My husband and I have been having serious marital issues since 2005, and we can’t seem to repair our problems. One problem we can’t agree…
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