Category Archives: Distressed Property

Professional Tax Advisers and Acceptable Opinions; Underwater Homes and Mortgage Relief

Advice is worth the price you for it. Free advice can sometimes actually be very valuable, depending on the source, but doing sufficient authoritative research to verify the facts is always worth the time and effort required. We recently had … Continue reading

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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

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Loan Modification Is An Option To Avoid Foreclosure, But Beware Of Fraudulent Mortgage Consultants

It is bad enough when a family has to deal with the agony of trying to avoid losing a home due to the bad economy, but it really makes our blood boil when we read about criminals who prey on … Continue reading

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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

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Foreclosure Modification Act Could Become Real Estate Law in California. For Now, Loan Modification Can Help

We have recently written about short sales as a means of avoiding foreclosure or bankruptcy, so this week we will mention loan modification as another way to avoid losing your house and credit. A loan modification is one possible tactic … Continue reading

Posted in California Real Estate Law, Distressed Property, Residential Real Estate | Tagged , , , , , , , , , , , , , | 1 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

Posted in Distressed Property, Residential Real Estate, Short Sale | 1 Comment

New Blog for the Law Offices of Connie Yi, P.C., Pleasanton, California (San Francisco Bay Area)

Welcome to the blog for the Law Offices of Connie Yi, P.C., located at 4900 Hopyard Road, Suite 100, Pleasanton, CA 94588. Our office is conveniently located just a minute or two from the intersection of I-580 & I-680, across … Continue reading

Posted in Business Law, California Trust Law, Corporate Taxes, Distressed Property, Estate Planning, Estate Tax, Gift Tax, Income Tax, Participating Tax Changes, Probate, Residential Real Estate, Strategic Foreclosure, Tax Law, Trust Administration, Trusts & Estates | Tagged , , , , , , , , , , , , , , , | Leave a comment