Search results: short sale rules information
Articles on short sale rules from how to stop foreclosure information archive:
Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Preforeclosure Short Sale Foreclosure - Making the News Again
This time it's a legal proceeding gone upset for the banks! This bank filed 14 more foreclosures only to find the rules had changed and the cases were thrown out of court...for now. This judge wanted them to be on the title as having been assigned the note. They had not been and probably wouldn't ...
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Six Steps to a Successful Short Sale
A short sale is where the sales price of the property is less than what the seller still owes and the lender is willing to accept less than they are owed. Why would a lender agree to a short sale? Mortgage lenders are in the business of making loans not owning property. When a loan is in default, ...
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Staying In The Game When The Rules Have Changed
If you are a real estate professional that is hitting the wall because the market has slowed to a crawl, you need to develop some new skills. If you would like some straight answers on the Short Sale process, you need to read this article. There was a statistic published locally here in the Central ...
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Mortgage Forgiveness Debt Relief Act
The passage of this Act will go a long way in aiding financially strapped homeowners in the foreclosure process. Under pre-existing law, the debt forgiven by a lender in a foreclosure or Short Sale usually resulted in the borrower receiving a 1099 income tax form for the amount not recovered. This ...
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The Changing Face of Realty Sales
If you are anticipating putting your home on the market in the near future, or planning to buy a house soon, you should know that many aspects of the property market have now changed. The rules have been changed slightly because of legislation, foreclosures, short sales and a general tightening of ...
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Foreclosures, Bankruptcies and Short Sales an Investor or Second Home Buyers Dream Come True
Foreclosure deals on distressed homes at excellent prices are at an all time high. Everyday now not only investors but also second home or vacation home buyers are finding fantastic deals. There are just a couple of important rules you must understand when looking at homes prior to foreclosure or ...
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Tips to Negotiating a Bank's Attempt at Foreclosure
If you've gone through any part of the pre-foreclosure process, had a lis pendens filed against you (a notice of default - you promised to pay a mortgage, and secured that promise with the deed to the house you mortgaged), or have been harassed by the bank as their interest rates reset on your home ...
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Secrets the Pros Use to Buy Pre Foreclosure Real Estate Now!
Have you ever gotten ready to close a deal, pulled the title work, and found out that the bank you've been negotiating with isn't even listed as the holder of the note on title? They don't own the note! Can they really be negotiating a pre foreclosure sale? How could that be, you ask? They had the ...
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I Want to Quit Because This Takes Work and Time
Let me ask a question. Who said it was going to be easy? Starting a new job can be incredibly intimidating. You do not know anyone and everything seems foreign. You are sweating bullets for the first few weeks. Then what happens? You start to learn and endure.There are no set rules for the job of ...
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Home Sales - Do You Really Know the Tax Exclusion Rules?
A single person can exclude up to $250,000 of the gain from the sale of their home and a married couple up to $500,000. However, there are qualifications, rules, exceptions to the rules and special situations. This article outlines the major rules and clears up many misunderstandings. First, you ...
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