foreclosure: Feds Unveil Plan to Halt Foreclosures - 02/12/08 05:30 PM
WASHINGTON (Feb. 12) - Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under a new initiative the Bush administration announced Tuesday. These lenders say they will contact homeowners who are 90 or more days overdue on their monthly mortgage payments. They will be given the opportunity to (4 comments)
foreclosure: 2701 NE 10st St # 209 Ocala, FL 34470 SHORT SALE - 12/28/07 08:53 AM
Bedroom 2 Bathrooms 1.5 Gargage 1 1220 Living Stories 2 In town living with all the amenities at your disposal-including bus transportaion! Amenities include community ppol, hot tub, garbage, exterior maintanence, lawn care, exterior insurance, exterior pest control, handball and basketball courts are all covered by homeowners fee. This property is offered as (0 comments)
foreclosure: Bush sings Mortgage Tax Relief Into Law - 12/21/07 10:56 AM
Daily Real Estate News | December 21, 2007 President George W. Bush signed legislation into law on Thursday that will ease the tax burden for home owners who have had debt forgiven on a mortgage due to a foreclosure, short sale, or deed in lieu of foreclosure. The bill - Mortgage Forgiveness Debt Relief (0 comments)
foreclosure: Short sales and Foreclosures - 10/04/07 09:17 PM
WOW!! Did you know that there have been 711 lis pendins (Pre Foreclosures) filled this year in Citrus County? Many banks have so many homes going in their inventory that they are willing to sell them for less than what is owed (sometimes much less). For example, I have a home (3 comments)
foreclosure: NAR's Proposed Tax Relief - 09/27/07 12:43 PM
The NATIONAL ASSOCIATION OF REALTORS® praised the House Ways and Means Committee for taking positive action this week on the Mortgage Cancellation Tax Relief Act, H.R. 3648. Since the early 1990s, NAR has pursued repealing the law, which forces individuals to pay an income tax on mortgages that have been forgiven (2 comments)
foreclosure: Real Estate Fraud - 09/26/07 03:43 PM
Did you know that Florida is 1st in the Nation for fraud and foreclosure and Citrus County is 7th in the nation!! So much fraud has been going on around here, we wanted to share a story that happened to us recently. We have a listing that is a short sale, we (7 comments)