HOA Fees After Bankruptcy Filing…You Are Still Responsible For Fees
Bankruptcy FAQ’s Regarding HOA fees: Question: “Do I still owe HOA fees after filing bankruptcy even though I surrendered my residence? I moved out of my home after I filed bankruptcy but before the discharge.” Answer: This is a very common question and the bankruptcy code that applies is strange. First. the money you owe the HOA should be listed as a creditor. Hopefully, you disclose this information to your bankruptcy attorney. Under the law a person surrendering a home, condominium, townhome, any real property having HOA fees, can discharge whatever HOA fees that...
Read MoreLive Webinar For Homeowners And Investors Considering A Short Sale
Join Kris and Kim in a Live Webinar as they discuss all aspects of a short sale and what to expect from your lender when you choose to short sale your property. Your encouraged to ask questions, being informed on the short sale process will help you decide if a short sale is the right option. Space is limited…complete the form to reserve you spot
Read MoreWells Fargo Is Taking Away My Reward Points….
Believe this… Kris and I were just talking about the new regulations from the Government to stop banks from over charging….Setting amounts that banks can charge us for services. We had joked that the banks are going to get it one way or another from all of us that have to use the banking system. Handouts from the Treasury can only go so far… We received an email today from Wells Fargo telling us to say good-by to our reward points…going…going…gone in October. Due to recent regulatory changes resulting in a significant reduction in fees retailers...
Read MoreBank Of America To Offer Homeowners Cash For Keys…If They Short Sale
Wow, this is good news for homeowners that want to avoid foreclosure but need some money to move on. Bank of America has stepped up and decided that it’s more beneficial to offer cash for keys before a foreclosure happens…dah! This new program will be rolled out in September. We’ll let you know all the particulars as they are shared with us….
Read MoreShort Sales, Foreclosures Low Interest Rates…Why Is Renting More Desirable?
Unemployment is at an all time high for Americans, Corporate America is shrinking. Housing prices and Interest rates are at all time lows…it’s cheaper to buy in many cases than to rent…Yet many Americans are choosing to RENT! Great Video from CNBC, Diana Olick on the topic of why American’s are not...
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Attention Agents: Learn how to Short Sell, Rent and Buy Back for your Listings.
