Tag Archives: cancellation of debt

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

Posted in Distressed Property, Loan Modification, Residential Real Estate, Short Sale | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 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 , , , , , , , , , , , , , , , , , , , , | Leave a comment