For Crazy Savings on Car Insurance Click Now…

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If I short sale on a VA home loan and the VA covers the rest of the payoff will it effect my credit?

I can not sell my house for my asking price the market is just to slow now if I short sale my house I will probably have a better chance of unloading it
The house is currently under a VA Home Loan which guarantees the lender if I fault they will recover 36,000 k in loses [...]

What can a lawyer do in Washington state to stop a home foreclosure in my mom's situation?

My mom and my step dad have declared bankruptcy one or two times in the last 10 years. My older brother now lives with them because his health hasn't been so great for some time. Needless to say their credit isn't so good after filing for bankruptcys. Now I hear the bank [...]

How do I pick a successful real estate company to work for?

I recently passed my real estate sales person exam, and now I am on the hunt to find a company to work for. Like any body in the Real Estate game I want to be successful and I want to learn a lot. How do I find that perfect company to work for, or can [...]

When you buy one of these tax foreclosure properties for pennies on the dollar does the bank still own ?????

If it still has a mortgage can the bank still claim the property?
I have bought 40 tax foreclosures but never got one property. After someone hasn’t paid the property tax for 2 years, you can pay the tax. If they don’t pay in 3 more years, you get the house. A mortgage company [...]

HELP! I am in the process of pre-foreclosure and i don't know what is coming next!?

I AM GOING TO BE 2 PAYMENTS BEHIND OCT.1/07 AND I AM TRYING TO DO A SHORT SALE BUT THE BANK SAYS NO IT'S TOO LATE CUZ I'M GOING TO BE IN THE PROCESS OF PRE-FORECLOSURE…WHAT I WANT TO KNOW WHAT CHOICES I HAVE? THEN HOW MUCH TIME I HAVE LEFT TO START MOVING OUT [...]

Do I get to deduct mortgage interest on a foreclosure?

If one forecloses on a home, I understand I would be either issued a 1099-A or the debt could forgiven, but not both. On the 1099-A is it just Fed taxes you pay if you don't qualify for the Mortgage Debt Relief Act or does the State get a piece also. I do not know [...]

How soon after a foreclosure and bankruptcy can you qualify for a mortgage?

3-7 years depending on how quickly you get back on your feet and which motgage company you apply though

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After complete foreclosure,Bank owned What are the Tax consequences or are they forgiven ?

Review your loan paperwork.
Many people have 2 loans (80/20), one of which is non-recourse (the 80) and the other is recourse the 20).
A bank with a Non-recourse loan is stuck with the house. The report the loan as gone on a 1099-A. The "sales price" to be used on the schedule D is [...]

How to stop a foreclosure = ACORN

ACORN member Travis Munnerlyn save his home with ACORN. You can to if you get involved with ACORN. Call 866 67ACORN Now.
Duration : 0:2:52

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