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Buying After a Short Sale? It’s Possible!
Short sales are on the rise. A Short Sale is when a homeowner sells a property for an amount less than what is owed to the lender. This is meant to avoid the time, energy and money involved in...
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Buying a Short Sale: Separating Yourself From The Pack
So you’re in the market to buy. Interest rates are low, and prices are more-affordable than ever. Though statistics show that distressed listings (short sales and REOs) are only 30% of the overall...
View ArticleWill the Mortgage Forgiveness Debt Relief Act be extended past 2012?
» LATEST UPDATE: 1/2/2013 – MORTGAGE FORGIVENESS DEBT RELIEF ACT EXTENDED FOR ONE YEAR UNDER ‘FISCAL CLIFF’ AGREEMENT! Many homeowners are wondering whether or not tax protections originally...
View ArticleCan I Get a Home Loan After a Short Sale?
Finding financing after a short sale may be within closer reach than you may have first thought. The last half of this year has yielded a wealth of options for those who have walked away from their...
View ArticleIRS Clarifies Tax Law on CA Short Sales
Traditionally, when a home enters a short sale, it would be possible for a homeowner to be held personally liable, by a mortgage lender, for the difference in the sale price of the home and the...
View ArticleMortgage Rates are Dropping
Good news for all potential home buyers out there! For the first week of March, Freddie Mac’s weekly survey found that 30-year fixed rate morgages averaged 3.75%, down five basis points for the week...
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