Developer Rents Out Vacant Homes

A ThinkGlink reader purchased property from a developer with the expectation of a nice neighborhood with a homeowner’s association. The developer, unable to sell all the properties, has begun renting out homes. The homeowner wonders if he has any recourse against this developer.

Filed under: Personal Finance and Real Estate Advice

The “good” news is, I don’t have the money!!

LOL!…a local fabric store is having a “super sale”, 30-70% off…
generally, the ugly fabrics get put on sale, and the nicer ones get overpriced!…soooo, the “good” news is I don’t have the money to buy the fabric for my curtain, because that means I won’t even go browsing (which…

Filed under: General

Wants vs Needs- again!

Reality check before I go on vacation:

NEEDS: ($150-$200 for ALL)
Uniforms for Ale (including shoes, socks)
Oil change for the car
New windshield wipers (rainy season!!)
New dictionary for translations….(not URGENT, but IMPORTANT!…if I’m to get serious about the translations,…

Filed under: General

School expenses- uniforms

Polo-shirts are $6.86 (thank God Ale’s are still in very good shape and, I bought them on the large side, so they still fit!)…but, I DO have to get:

Pants ($7.00) – I didn’t get the “official” ones last year…they let it pass because they didn’t have them when I enrolled Ale and…

Filed under: General

New Home Has Big Problems

A ThinkGlink reader bought a home only to have the basement wall collapse within the first few weeks of ownership. Ilyce explains if this reader has any recourse against the inspector, realtor or home seller.

Filed under: Personal Finance and Real Estate Advice

Deed-In-Lieu of Foreclosure Drops Credit Score

A ThinkGlink reader is planning on foreclosing or using a deed-in-lieu of foreclosure on his house. Ilyce explains how this will drop his credit score and take up to seven years to get off his credit report.

Filed under: Personal Finance and Real Estate Advice

Prepayment Penalties Persist

While prepayment penalties are prohibited by many states, they’re permitted by federally-chartered lenders. Who is a federally chartered lender? Any lender that has established its charter not in any one state but as a federal savings bank or under federal laws. Think of your major mortgage lenders, most online lenders, and local banks that have chosen to organize under a federal charter. If you’re considering getting a home loan that has a prepayment penalty attached, here’s what you need to know.

Filed under: Personal Finance and Real Estate Advice

Offering Rent-To-Buy On Fixer Upper

 A ThinkGlink reader is considering selling her home to a friend with a rent-to-own contract. Ilyce explains how to determine if this is a smart financial move.

Filed under: Personal Finance and Real Estate Advice

Buying New Construction With Hopes of Big Payoff

A ThinkGlink reader is considering stretching his pocket book and buying a new construction home. Ilyce explains why now may not be the best time to buy expensive real estate.

Filed under: Personal Finance and Real Estate Advice

How To Get Lien Released From Mortgage Company

A ThinkGlink reader asks how to get a lien released if the mortgage company was bought out by another company. Ilyce and Sam explain how to research the location of the lien and what to do if they can’t find the new company.

Filed under: Personal Finance and Real Estate Advice

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