Many people think a short sale primarily consists of simply selling your home with a realtor as part of a lender sanctioned transaction. Others may view a Short Sale as an opportunity to get out of a bad investment or difficult financial situation.&
Jun 08, 2015 | Short Sales Debt Mitigation forgiven mortgage debt mortgage debt forgiveness act Mortgage Deliquency
At the stroke of midnight on 12-31-13, as we celebrated the New Year and listened to the historic hymn of Ole Lang Zine, the US Treasury vault door slammed shut. For those that could hear beneath the noise and celebration, the echo of “No more
Jan 15, 2014 | Short Sales Debt Mitigation mortgage debt forgiveness act solutions for underwater properties mortgage debt relief act
Many people I have spoken with, simply do not fully comprehend the ramifications of foreclosure and the potential personal liability they may face regarding the mortgage note. When you get a mortgage there is a deed of trust that allows the lender ce
Nov 15, 2013 | Short Sales Debt Mitigation forgiven mortgage debt solutions for underwater properties
This article was published in The Washington Post on June 15th, 2013. In the event you missed it, I think it is a terrific example of what can happen without proper mitigation. This is exactly what you want to avoid. This applies to Short
Jun 19, 2013 | Short Sales Debt Mitigation forgiven mortgage debt mortgage debt forgiveness act foreclosure
People often complain about the difficulty in obtaining a modification of their loan to achieve a more affordable payment. The fundamental problem that exists is that your mortgage lender that you make monthly mortgage payments to is oft
Mar 04, 2013 | Short Sales Debt Mitigation solutions for underwater properties Loan modification modify your loan with your lender
The “fiscal cliff bill” passed by Congress January 1 included a provision to exclude borrowers from paying taxes on debt forgiven through a short sale, foreclosure, or loan modification. Known as Mortgage Debt Relief Act of 2007, the act
Jan 03, 2013 | Fiscal Cliff Short Sales Debt Mitigation