How To Do A Short Sale

Why Would a Lender Accept a Short Sale? By Elizabeth Weintraub A short sale in real estate is not always a pleasant transaction ... credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners ... conditions pursuant to the Mortgage Forgiveness Debt Relief Act of 2007, be aware the I.R.S. could [more...]

Date: 2009-01-11 18:17:51

Blog posts (5) | Videos (6)
 

12 Confessions Of A Home Mortgage Collector [Wells Fargo]

A former Wells Fargo Home Mortgage home collector has stepped forth from the shadows to tell you what's really going on ... my own copy of the Fair Debt Collection Practices Act, and even then most people in WFHM ... . Bankruptcy will not forgive a mortgage debt. 4. Fight your bankruptcy fees with a passion! WFHM [more...]

Date: 2008-09-10 16:36:38

Fair Debt Collection - Know Your Rights!

  FAIR DEBT COLLECTION If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a “debtor ... Collection Practices Act requires that debt collectors treat you fairly by prohibiting certain methods of debt collection. Of course, the law does not forgive any legitimate debt you owe.   This brochure [more...]

Date: 2008-12-27 18:39:33

U.S. Holds the Whip Hand in Modifying Mortgages

U.S. Holds the Whip Hand in Modifying Mortgages For much of the last year, ... Laws on Short Sales Disclaimer: I am not an accountant or an attorney. It is important to consult ... of the debt. Such forgiveness often takes place in cases of a financial deficiency, or when shifts [more...]

Date: 2008-09-17 14:28:50

Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 7 Nov08 Bankruptcy & Insolvency

Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Part 7 (Excerpt) Beware of grandiose claims when dealing with a loan modification firm. You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. [more...]

Date: 2009-09-29 17:30:06

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