Fiscal Cliff Explained and Simplified (VIDEO)
The Fiscal Cliff has caused much excitement and concern in the later part of 2012. It is important to understand the “Fiscal Cliff” is used to explain what will happen to us financially on Jan. 1, 2013, if Congress does not take action. It is most easily understood in three primary areas: Tax Cuts […]
Life After Foreclosure – Excess Proceeds
Life after foreclosure does exist, and there may even be an opportunity to get some money back into your pocket. While not available in all cases, a homeowner that has equity in their house at the time of foreclosure, meaning they owe less than the house is worth, is entitled to the Excess Proceeds of […]
Cash For Short Selling A House Under New Bank Of America Incentive Program
Bank of America recently announced on its website that it will be considering homeowners that are attempting short sales for seller incentives of up to $30,000. The incentive program is now being released nationwide after a successful result in a trial program attempted in Florida. ALTERNATIVE SELLER INCENTIVE PROGRAMS Up to this point incentives have […]
Real Estate Law Questions: Can I Back Out Of My Purchase Contract After It Was Signed By the Seller?
The deed is done. The contract has been signed. Then something comes up which puts you in a bind. You’ve had a change of heart on the property or the money stream you thought you’d have is gone. But its too late, the deal is signed. You then begin to ask “Can I back out […]