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Real Estate Matters Ilyce Glink

Proving seller lied on disclosure forms takes work
Q: My husband and I purchased a home nearly two months ago. The seller disclosure form stated that the owners had no water or leaks in the basement. We bought the house with the intent to finish the basement for additional living space.

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Donít forego your rights when signing closing documents
Q: We signed an agreement to buy a piece of land to build a house for our elderly mother. At the time of the scheduled closing, we were both out of town on business and therefore signed a grant of authority for closing documents for the builder to sign on our behalf.
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Quality tenants are the best asset for a new landlord
Q: Iíve just bought my first rental property. Do you have any advice for me on renting it out? Any recommendations on books I should read? Full Text

Try last ditch efforts if your house still hasnít sold
At a party during the weekend, I met a recently divorced homeowner whoíd received the house in his divorce settlement and was now trying to sell it.

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Spell out everything in father-son purchase deal
Q: Iím entering into a real estate purchase with my son. Iíll loan him $60,000, which will be his 20 percent down payment on a condo. Heíll have a renter who pays him $800 per month. My son will pay the mortgage and taxes.

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In the long run, the trend for real estate is positive
Iím often asked how I think the residential real estate market is doing. To answer, I point to the population milestone we recently reached: 300 million people now live in the United States. According to the Census Bureauís population clock (, every 7 seconds, another person is born in this country.
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