by Admin | Apr 26, 2010 | Government Bills, Regulations and other news affecting, HAFA Government Program
If you are a homeowner in the state of California you will want to understand the difference between Recourse and Non Recourse Loans. An example of a Non Recourse loan would be if you purchased the home and did not refinance or take out any type of Home Equity Line of... by Admin | Apr 26, 2010 | Government Bills, Regulations and other news affecting, HAFA Government Program
Homeowners are facing Negative Equity in nearly every state in America. Negative equity is simply defined when you owe more on the property than it would sell for in this current market. by Admin | Apr 22, 2010 | Advice on Selling with No Equity in Southern California, Bank of America, Frequently Asked Q&A about Short Sales, HAFA Government Program, Short Sales Stop Foreclosure, Short Sales, Foreclosures,Current Events, Success Stories, Understand Obama's Help for Homeowners, Wachovia Short Sale
This is great news from the organization that represent Realtors nationwide. Listen to Jeff Lischer Top NAR Executive Talk Candidly About HAFA Short Sales by Admin | Apr 15, 2010 | Government Bills, Regulations and other news affecting, HAFA Government Program, Wachovia Short Sale
Mr. Schwarzenegger Has signed California SB 401 providing Californians a mirrored tax break (IRS Mortgage Forgiveness Debt Relief Act of 2007) that saves residents who short sold their primary residence in 2009 or are planning to through 2012. This much needed tax... by Admin | Apr 12, 2010 | Advice on Selling with No Equity in Southern California, Bank of America, Government Bills, Regulations and other news affecting, HAFA Government Program, Wachovia Short Sale
Check this out…according to Sacremento Bee (april 9, 2010)…The Governator is going to sign SB 401 as soon as this week. SB 401 is “lock step” in line with IRS Mortgage Debt Relief Act of 2007 forgiving any tax liabilities afforded Californians...
