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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...
Short Sale 101
This occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller is unwilling or unable to cover the difference. Some ? although by ...
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Finding the Real Value on Property
While dealing in the real estate industry, you should always have proper real estate education. There is increasing competition in this field and good sound real estate education will help you facilitate and understand the profitable new trends and niches. Do Your Due Diligence Below is some ...
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Short Sales - Will You Have to Pay Income Tax?
Many people will be bewildered by that question. Who ever heard of paying income tax even when you sell you home for a loss? Well, the IRS has a little known habit of charging people income tax on debt that they were responsible for paying and were relieved of that responsibility. This could have ...
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Short Sale Questions
The main stream media continues to be rich with stories about the struggling real estate market, here in the Sacramento area as well as across the country. They generally revolve around the increasing number of foreclosures, the mortgage crisis and now some of the government programs that may or ...
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Using Documents to Build Credibility and Trust to Help with the Close of the Purchase
Trust and credibility with the particle homeowner are the most important factors to getting a deal done. The hard part is cold calling a homeowner in the process of foreclosure and establishing that trust. We have documents that can help build credibility with the homeowner but do you use them? ...
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Short Sales - Tips For A Successful Loss Mitigation Transaction
Short sales can be a life-changing option for many people. Although it can be painful to walk away from your home, it's important to realize you can make any house a home. If you are facing foreclosure, real estate short sales can provide you with the opportunity to break free from the bondage of ...
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Understanding Debt Cancellation and the 1099C
In recent years, the number of foreclosures has skyrocketed and short sales have become an increasingly popular trend. Many consumers have wondered how lenders recuperate the money lost from a mortgage after a discounted short sale. These unpaid charges are not a major concern for the lender, but ...
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HR 1876 May Give Homeowners in Foreclosure A Much Needed Tax Break
Homeowners facing foreclosure in California have approximately 120 days from the Notice of Default (about 4 months) in order to resolve their outstanding mortgage debt. When a homeowner finds themselves in this situation, the most proactive step a homeowner can do is to act in a timely manner to ...
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Lenders Give Away Instant Equity With Real Estate Short Sales
What is a Short Sale? A short sale happens when a lender is willing to sell a property for less than the total amount owed by the borrower. The property is worth less than owed therefore, has no equity and the homeowner is seriously behind in payments. In many circumstances more than one lender is ...
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How The Home Foreclosure Process Works
If you are in the midst of a home foreclosure, then it's good to know the home foreclosure process. If you are a real estate investor looking for some good deals for real estate investing, then you'll also want to understand the home foreclosure process. The home foreclosure process is complex, but ...
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