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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...
Read more...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...
Read more...En un estudio llevado a cabo por el Departamento de Vivienda y Desarrollo Urbano (Housing and Urban Development,HUD), los resultados mostraron que los hispanos han sido objeto de prácticas desleales por parte de los proveedores de hipotecas y ...
Read more...Subject to and the insurance question. What do you do? Guru A says do this, Guru B says do this, Guru C says both of them are crazy because he has done over 500 deals and hasn’t done anything and nothing has ever happened to him.&nbs...
Read more...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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