You are more than just a credit score, and Kris & Kim understand that potential home owners want the stability and peace-of-mind that comes with “owning” a house–even if they do not qualify for a traditional mortgage today. Which is why all LTP customers have the right to purchase their home, anytime in the next 6 years, at a pre-determined, agreed to amount.Read More
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We offer a variety of listing enhancements to sell your home fast. Video Blogging is one of the best ways to share a home with prospective buyers. We use YouTube, Vimeo, Veoh, DailymMotion and Blip.tv to share the beauty of your home. Call us at 714-615-7605 and get your home listed today.
“MY HUSBAND AND I HIRED THE DARNEY’S TO LIST OUR HOME AND SELL IT FOR US UNDER THE SHORTSALE GUIDELINES.
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Interesting article from Rick Newman with Yahoo Finance. We have a long road to hoe before the US housing market will see a true recovery.
So what? This is fantastic news for struggling homeowners that are now free and clear of getting slapped with additional taxes for completing a short sale…yes…that “shortage” of what you owed and what was actually paid…is taxable income!
Passing California Assembly June 30, AB 1393 provides protections to California homeowners for debt incurred by a short sale. This bill mirrors the Mortgage Forgiveness Debt Relief Act of 2007 enacted by the Treasury for IRS ruling
One of the best tools the government has given homeowners in trouble is this HAMP program…especially those Americans that needed to complete a short sale…HAMP’s HAFA program protects the homeowner in the short sale eliminating the recourse from mortgage companies.
Something fishy here…the majority shareholder in Altisource is also the Founder and Majority shareholder in OCWEN
Great news from NAR on the government approving an extension to the Mortgage Debt Forgiveness Relief Act of 2007.
The Mortgage Debt Forgiveness Relief Act protects the homeowner from taxation on their short sale of their primary residence.
Of course, California residents are protected from this type of taxation under CCP580E.
While it’s a good idea to get creative, it’s usually a bad idea to pick colors that will clash with your neighbors’ exteriors. You can always stand out but try to do so in an unobtrusive way!
In a short sale, you need the seller’s bank to approve before you can close. Banks require dozens of pages of paperwork to evaluate whether or not to approve a short sale. Since the seller is asking the bank to accept a sale price that’s less than the mortgage amount, the bank needs to verify that a short sale is the right thing to do. Banks want to make sure the seller is indeed unable to stay in the home and can’t afford to pay off the difference between the market value and the bank’s loan amount.