NO MORE STATE TAX ON FORGIVEN DEBT Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification. Enacted into law yesterday, Senate Bill 401 generally aligns California's tax treatment of mortgage debt relief income
...
04/18/2010
Currently many banks are using every underhanded / evasive tactic to either ignore mod requests OR put so many obstacles in the home owner''s way ...that they simply give up. Here''s are the latest tactics/ obstacles and a possible ways to combat them. I publish these e blasts as a public
...
04/18/2010
I have noticed that standard sales are following the Banks lead and not paying for Termite inspections or repairs. "AS IS" can also be found on the Short Sales. It is bare bones for buyers and could be a slippery slope, buyers must have a detailed Home Inspection and if anything looks questionabl
...
04/04/2010