Real estate blog entries tagged with short sale by Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist (Prudential California Realty)

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Home : Blogs : Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist : Charles' Thoughts : Tag "short sale"

short sale: Uh Oh...Tax Problem in California for Short Sales/Foreclosures - 01/15/08 01:31 PM

I was listening to the news last night driving home at 11:00 and heard that the State of California has not approved a legislative bill allowing you to not pay taxes on the deficiency amount. Even though President Bush signed this into law (December 17th) regarding your Federal Taxes, the State of California has not passed this law regarding state taxes.
According to the state, you must claim this as income and pay taxes on the amount through the state...at least for now. There is a bill working its way through the legislature to waive this, however we don't know when it will pass, … (2 comments)

short sale: Beautiful Home in Northeast Downey ~ Under $400,000! - 11/10/07 04:52 PM

9010 Buhman Ave. - Northeast Downey
SHORT SALE!
3 Bedroom1 Bathroom
Remodeled Kitchen & Bathroom
Basketball Hoop
New Dual-Payne Windows
And Much More!

This Beautiful Home Features an Open & Airy Floorplan with Spacious Living Room, Dining Room and Kitchen. This Remodeled Kitchen Features New Cabinets, Countertops and Tile Floor. New Dual Payne Windows are Energy Efficient to Keep the Heat in This Holiday Season.
… (0 comments)

short sale: Sellers: How To Survive a Short Sale or Foreclosure - 11/06/07 04:29 PM

Surviving a Short Sale or Foreclosure
So you are in a short sale and possibly facing foreclosure. Maybe you lost a job, got in an accident or maybe got in above your head. Don't worry and stress yourself out. Thousands of homeowners across the nation are facing the same situation. This guide will show you what you can do to help get your home sold, find a new home and get back on track.
First thing that you need to do is take a deep breath and tell yourself that you can and will get through this. I know what you are … (1 comments)

short sale: General Options to Avoiding a Foreclosure - 10/29/07 01:52 PM

1. Re-Instatement ("Bringing your loan current"): Re-instatement occurs when the loan is brought current by paying the total amount past due. You have an absolute right to fully re-instate your loan within 90 days of being served with a notice of default. Lenders will normally accept full re-instatement at any time before the foreclosure sale occurs, even though they are not required to by law. Call your lender or trustee to obtain the amount to re-instate. The total amount paid must include all back payments, late charges, inspection fees, any advances, attorney and trustee fees.
2. Repayment Plan: A repayment plan is … (2 comments)

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Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist

Fontana, CA

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Prudential California Realty

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