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Temecula Short Sales
April 2024 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Recent Comments
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Category Archives: Mortgage Foregiveness Act
How To Choose A Short Sale Realtor in Temecula California.
Have you ever found yourself in a bit of a financial rut? You may understand that you might be headed for foreclosure. If you think you are just about out of choices, a short sale may be in your best … Continue reading
Posted in Chase Short Sales, Credit Challenges, Fannie Mae, Foreclosure, Freddie Mac, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Pre Foreclosure, Short Sales, Wells Fargo Short Sales
Tagged Bankruptcy and Short Sales, Do I qualify to short sale, Fannie Mae 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, Perris Short Sales, Short Sale Specialist
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Making Home Affordable Program
There is help for homeowners in the Temecula and Murrieta area’s of Riverside County. If you would like more information about the Making Home Affordable program please give us a call we are here to help! For questions about Making … Continue reading
Posted in Credit Challenges, Loan Modifications, Making Home afforable Program, Mortgage Foregiveness Act, Pre Foreclosure, Short Sales
Tagged Do I qualify to short sale, French Valley or Winchester CA Short Sales, HAFA Short Sales, Help short sale my home, Making Home Affordable Program, Menifee Short Sales
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CitiMortgage to Launch Home Rental Program as Foreclosure Alternative
CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes. The Home Rental Program will be managed by Carrington Capital Management, LLC and … Continue reading
Posted in Citi Mortgage Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales
Tagged Do I qualify to short sale, 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, Perris Short Sale, Temecula or Murrieta Short Sales, What is a short sale
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Mortgage debt relief law extended through 2013
Mortgage Debt Forgiveness extended Late last night, Congress reached a settlement in the “fiscal cliff” negotiations. As a result, the Mortgage Forgiveness Debt Relief Act has been extended for another year. The measure will continue to exempt from taxation mortgage … Continue reading
Posted in Bank of America Short Sales, Chase Short Sales, Citi Mortgage Short Sales, GMAC Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales
Tagged Do I qualify to short sale, 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, Menifee Short Sales, Mortgage Forgivness ACT, Short Sale Specialist, Temecula or Murrieta Short Sales
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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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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
Looks Like The Mortgage Forgiveness Act Possibly Headed for Extension
We understand this week that the federal Mortgage Forgiveness Debt Relief Act of 2007, which gives a massive tax exemption to some distressed homeowners after a short sale, will be extended before it expires at the end of this year. The … Continue reading