by Kris and Kim Darney | Oct 18, 2014 | Advice on Selling with No Equity in Southern California, Short Sales Stop Foreclosure
I can’t believe it’s been 7 years this December. October always brings back memories…because that’s when we realized there was no way we were going to come up with the money the mortgage company wanted to stop a foreclosure sale. Wow, was...
by Kris and Kim Darney | Apr 20, 2014 | Luxury Homes, Short Sales Stop Foreclosure, Short Sell and Rent Back Program
Sure, short sales have come to a relative crawl after carving out a decent slice of the real estate market over the past couple years, but there are still some stragglers gaining bank approval and closing. One of the more notable short sales to sell this week was in...
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 | 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...