Short Sale May Be Option To Capitalize On Real Estate In Gilbert
If you are considering selling your home make sure to find an agent with both legal and real estate experience. Whether you are current on your mortgage or have missed payments there are numerous options for selling your distresed property and finding new real estate in Gilbert. Take advantage of the knowledge you will find […]
I received a 1099-C or a 1098…Now What? (VIDEO)
When a mortgage lender cancels or forgives a debt, as is often the case with a short sale or foreclosure, the “forgiven” amount of that loan is reported on a Form 1099-C which is sent to the borrower. Absent legal safeguards such as a state’s anti-deficiency statute, or the Mortgage Forgiveness Debt Relief Act, the […]
How $8.5 Billion Foreclosure Settlement Affects Borrowers
Q&A: Status and Affect of Billion Dollar Settlement Many details of the $8.5 billion mortgage foreclosure settlement that federal banking regulators announced Monday have not been finalized yet. Here are some answers for borrowers. Q: How much money is in it? A: Ten banks and mortgage companies will pay $3.3 billion in cash to borrowers and […]
Ten Economic Questions for 2013
Here are some questions to think about… Bill McBride or CalculatedRiskBlog.com raises some interesting questions for 2013. Below are the four most related to real estate, and click the link below for a full list. 1) US Policy: This is probably the biggest downside risk for the US economy in 2013. I assume some sort […]
