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
Many are beside themselves while others have expressed a sense of panic to me regarding the expiration of the Mortgage Debt Relief Act and their decision to do a short sale. The law, or otherwise termed grossly generous entitlement, is over. I
Feb 12, 2014 | Short Sales forgiven mortgage debt mortgage debt forgiveness act solutions for underwater properties mortgage debt relief act
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
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
The goal of our comprehensive Short Sale program has always been to get our clients out of their underwater properties, mitigate all the debt and selling costs, and help them get started over again after a waiting period. Our Day 1 Strategy Cal
Apr 08, 2013 | Traditional Mortgage Short Sales mortgage debt forgiveness act solutions for underwater properties
It boils down to the concept of unjust enrichment. When someone does not pay a debt or a debt is forgiven, the IRS sees this as effectively income. You no longer have a debt to pay and someone or some business is going to look to write th
Jan 29, 2013 | Short Sales forgiven mortgage debt mortgage debt forgiveness act solutions for underwater properties