florida short sale: 2006 vintage loans - can the foreclosures be stopped. - 06/29/07 04:34 PM
In an article from Reuters on June 26, 2007  - I saw the following quote.  I was struck by the wording for multiple reasons.  "We continue to see migration from 60-plus-day to 90-plus-day delinquencies within the 2006 vintage, suggesting that homeowners who experience early delinquencies are finding it increasingly difficult … (0 comments)

florida short sale: Short sale adviser, attorney, Homeowner's solutions - 06/28/07 02:24 PM
The homeowner should be in a better position after electing a Pre-foreclosure solution. A Short sale improperly  negotiated with the bank or potential purchaser may leave the homeowner in a worse position.  Short sales are very fact dependent, they are not a one size fits all solution.       
A short … (2 comments)

florida short sale: IRS liablility for short sales and loan forgiveness - 06/25/07 04:22 PM
here is a quote on the issue of deficiency and loan forgiveness.  
"Second, just because the lender cannot seek a deficiency judgment does not mean that the IRS will not tax them for debt forgiveness. If the lender loses $50,000 in debt forgiveness, they will report it to the IRS, because … (6 comments)

florida short sale: Short sale expert? Watch out - 06/25/07 03:57 PM
In comment on another blog 
Sterling Watkins said this -  
Watch out - I've handled over 800 short sales in the 90's as owner/ broker of a specialty firm in the Sacramento, CA area. When the market starts to decline, "experts" appear everywhere. Check their expertise with a basic question: What exemptions … (0 comments)

 
Real Estate Agent: San Diego Short Sales San Diego Real Estate Attorney (UpsideDownRealEstate.com)
San Diego Short Sales San Diego Real Estate Attorney
San Diego, CA
More about me…
UpsideDownRealEstate.com

Office Phone: (800) 608-8311
Email Me
San Diego short sale and San Diego foreclosure information from an attorney / Realtor licensed in California

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find CA real estate agents and San Diego real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved