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Events for the

Monday, 15 September 2008

RESOURCES & ARTICLES

1 en 4 Hispanos es Discriminado por Vivienda

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 ...

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...

A Friend, A Home, A Mortgage

There comes a time over the course of any renter’s time in a particular piece of real estate where it seems that the payments are providing a great stream of income for a landlord but little for you. Indeed, as incomes begin to creep up and the...

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...

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 ...