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06 September 2008
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RESOURCES & ARTICLES

Subject To: What It Is & What It Isn't

There are so many different ways that are taught to buy Sub2. It is really amazing listening to some of the ways the GURUs are teaching these days.I cringe when I hear of the latest carnival barker on the speaking circuit telling newbies "no equ...

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Short Sale Challenge - 1ST Mortgage NOT Discounting WHY?

The short sale game is serious and it comes down to what the lenders believe for value. You obviously know about the BPO...correct? Each BPO will provide the lender with an opinion of value. The lenders will short sale if they believe they are going ...

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1 in 4 Hispanics Is Discriminated for Housing

In a study conducted by the US Department of Housing and Urban Development (HUD), the results showed that Hispanics had been targets of unfair practices by housing and mortgage providers when compared to offering those to even less qualified non Hisp...

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The Deficiency Topic Dealing With a Short Sale

I was reading more about deficiency questions with short sales and I thought I would elaborate a little on the subject. When you get a lender to accept a short sale the amount of debt forgiven becomes a taxable event. Example: Homeowner owes $250,000...

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Foreclosure Laws and Procedures By State

The foreclosure process varies somewhat from state to state, and depends primarily on whether the state uses mortgages or deeds of trust for the purchase of real property. Generally, states which use mortgages conduct judicial foreclosures; states th...

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