by Kris and Kim Darney | Jan 22, 2014 | Advice on Selling with No Equity in Southern California, La Verne California, Via Verde California
Transferring ownership of a property in California is accomplished via a property deed. There are at least a dozen different standard deeds, all developed over time to address different circumstances. These deeds vary from state to state. In California, the two most...
by Kris and Kim Darney | Dec 5, 2013 | Government Bills, Regulations and other news affecting, Short Sales Stop Foreclosure
It’s official according to the California Association of Realtors (CAR). As expected, the announcement earlier this month from the IRS courtesy of CAR and Senator Barbara Boxer, the IRS will consider any short sale taxable shortages (1099) for California...
by Kris and Kim Darney | Dec 4, 2013 | Advice on Selling with No Equity in Southern California
Here it is comes, 2014, just a few weeks away…can you believe it? I find myself wondering what 2014 will bring? With recent numbers released by housing forecasters of over 40% of homeowners with mortgages being underwater I have to ask what is really... by Kris and Kim Darney | Nov 17, 2013 | Advice on Selling with No Equity in Southern California, HAFA Government Program
If you have a mortgage thats underwater and Chase holds the note, be on the look out for the loan to be sold to Ocwen or another servicer. November 1st is the date slotted for Chase to unload….so….if you are late on payments there is a very good...
by Kris and Kim Darney | Nov 15, 2013 | Short Sell and Rent Back Program
California Association of realtors and California Senator Barbara Boxer received a letter from the IRS that clearly spell out the due to California’s protective laws for distressed homeowners, that the Internal Revenue Service will not pursue tax deficiencies on...