Category Archives: Short Sale
Digital Assets in Estate Planning; Mortgage Crisis Scams; Loan Modification and Other Mortgage Workouts
One of the more-frequent situations that estate planners have to deal with, along with executors to wills, is the existence and growing popularity of digital accounts and other online assets, such as email, social networking sites like Facebook and its … Continue reading
Posted in Asset Protection, Distressed Property, Estate Planning, Loan Modification, Residential Real Estate, Short Sale, Strategic Foreclosure
Tagged account usernames, advertising, database, digital assets, executor of an estate, Facebook, iCloud, Instagram, real estate, scam, social networking sites
Leave a comment
What To Do With Your Underwater House: Options Include Loan Modification, HARP, Short Sale, Foreclosure
We have written before about the current situation across the country in which so many homeowners have mortgages that are underwater. The coming tsunami of foreclosures on distressed properties is bound to have an impact on the slowly recovering real estate market. … Continue reading
Posted in Distressed Property, Loan Modification, Residential Real Estate, Short Sale
Tagged A Paper loan, abandoned property, AnnualCreditReport.com, balloon payments, Brent T. White, California, California real estate attorney, cancellation of debt, COD, Connie Yi, CPA, credit score, deferred payment, Distressed Property, fair market value, FDIC, foreclosure, Form 1099A, Form 1099C, free credit report, government initiatives, HARP, Home Affordable Refinance Program, income level, interest rate reduction, KDOW 1220 AM, leveraging assets, liar loan, Loan Modification, lower monthly payments, Making Home Affordable, MHA, modify mortgage, mortgage modification, MP3 podcast, Net Present Value Calculator, overdue payments, radio program, real estate market, refinancing, residential property value, San Francisco Bay Area, short sale, tax liability, Underwater House, Wealth Preservation and You
Leave a comment
HARP and Other Options for Underwater and Troubled Real Estate in Your Estate Planning
This past week brought a bit of relief to a portion of the millions of American homeowners whose home mortgages are “underwater” when the White House announced revisions to the Housing Affordable Refinance Program (HARP). The changes to HARP, which … Continue reading
Posted in Distressed Property, Estate Planning, Estate Tax, Short Sale, Strategic Foreclosure
Tagged cancellation of debt, capital gains tax, credit scores, Department of Housing and Urban Development, Department of the Treasury, estate plan, Estate Planning, Fannie Mae, foreclosure, Freddie Mac, HARP, home mortgages, Housing Affordable Refinance Program, Housing Market, Loan Modification, mortgage payments, second mortgage, short sale, tax exemptions, troubled real estate, underwater real estate
Leave a comment
CA Senate Bill 458: Understand Short Sale Financial & Legal Issues Before You Short Sell Your House
It has been two weeks since the start of a new era in the California real estate market as a result of CA Senate Bill 458 (California SB458), which makes it easier for a homeowner to short sell an “under … Continue reading
California Real Estate Short Sales: The Ins & Outs of Flipping & Flopping and Other Home Buying & Selling News
Everyone pays more when below-board practices affect an industry. In the world of buying and selling California real estate, honest home buyers and sellers are affected negatively when short sales become a prominent part of the landscape. A short sale … Continue reading
Posted in Residential Real Estate, Short Sale
Tagged Bakersfield.com, California real estate, depressed market, distressed homes, fair market value, flipping, flopping, foreclosure, home buyers, home loan, home owner, interest rates, lender, mortgage, mortgage holder, property, real estate agent, real estate appraiser, real estate market, real estate taxes, Residential Real Estate, San Francisco Chronicle, selling price, SFGate.com, short sale, thestreet.com
1 Comment
