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IMPORTANT NOTICE:
We are not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.
Monthly Archives: December 2012
HOPE NOW: 5.9M Completed Mods Since 2007; Short Sales Increase
Short sales continued to increase in October, while foreclosure starts fell, according to data from HOPE NOW, an industry alliance of mortgage servicers, investors, mortgage insurers, and nonprofit counselors. Completed short sales reached 38,518 in October, representing a 13 percent … Continue reading
Posted in HAFA Short Sales, HAFA Updates, Loan Modifications, Mortgage Foregiveness Act, Short Sales
Tagged Do I qualify to short sale, Fannie Mae Short Sales, French Valley or Winchester CA Real Estate, French Valley or Winchester CA Short Sales, Help short sale my home, Hemet Short Sales, How do I short sale my home, Lake Elsinore Short Sales, Menifee Short Sales, Short Sale Credit Issues, Short Sale Specialist, Temecula or Murrieta Real Estate, Temecula or Murrieta Short Sales
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New Guidelines For Fannie Mae & Freddie Mac Released
Great news for Temecula and Murrieta homeowners that potentially need to do a short sale and have loans backed by Fannie Mae and Freddie Mac! As of November 1, 2012 the Federal Housing Finance Authority initiated new Standard Short Sale … Continue reading
Posted in Fannie Mae, Freddie Mac, Mortgage Foregiveness Act, Short Sale Buy Back, Short Sale Lease back, Short Sales
Tagged Do I qualify to short sale, Fannie Mae Short Sales, Freddie Mac Short Sales, French Valley or Winchester CA Short Sales, HAFA Short Sales, Help short sale my home, How do I short sale my home, Menifee Short Sales, Short Sale Specialist, Temecula or Murrieta Real Estate, What is a short sale
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Short sales and Bankruptcy from Bank of America
Bank of America can review a short sale offer while the loan is in an active bankruptcy. To complete a short sale and issue the approval letter, the bankruptcy documents must be filed and approved by the court. Any final … Continue reading
Posted in Bank of America Short Sales, Credit Challenges
Tagged Bankruptcy and Short Sales, Do I qualify to short sale, French Valley or Winchester CA Short Sales, Help short sale my home, Hemet Short Sales, Lake Elsinore Short Sales, Menifee Short Sales, Temecula or Murrieta Short Sales, Wildomar Short Sales
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MSNBC Clip about Loan Mod Problem’s
Visit NBCNews.com for breaking news, world news, and news about the economy Visit NBCNews.com for breaking news, world news, and news about the economy
The Consequences of Walking Away
Have you had a conversation with someone in the last 30 days about the consequences of walking away from your mortgage? If the answer is yes, you are not alone. With an estimated 11 million people underwater on their mortgage, … Continue reading
Taxes Owed After Short Sale or Foreclosure? | IRS Form 982, Mortgage Forgiveness Debt Relief Act
After a short sale or a foreclosure, will there be taxes owed on the ‘forgiven debt’? Consult your CPA for more details, but the bottom line is: most homeowners will not owe tax on the forgiven amount. Prior to the … Continue reading