|
Northeast OH – The Stop Foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. She got . . . → Read More: Northeast OH Short Sales: My Ex Is Short Selling. What Can I Do?  Leave a comment  Forclosure options, Loan modifications  Accountant, Assets, Avoid Foreclosure, Bankruptcy, Criterion, Deficiency Judgment, Divorce, Ex Wife, Foreclosure, Free Consultation, Good Job, Income Taxes, Lawyer, Lenders, Loan Modification, Money, Mortgage Amount, People, Short Sale, Step Loan, Stop Foreclosure, Tax Liability, Upside Down, Variables Northeast OH – If your loan has Private Mortgage Insurance, also known as PMI, then there is a high likelihood that they will request that you sign a promissory note. Today’s blog post talks about how to convince the lender to waive it. Discover how other sellers successfully did a short sale to . . . → Read More: Northeast OH Short Sales: How To Negotiate Away Promissory Notes Leave a comment Forclosure options, Foreclosure defense, Loan modifications, short sale, Short sale help Andy Morris, Assets, Avoid Foreclosure, Blog, Discover, E Mail, Foreclosure, Free Consultation, Insurance, Likelihood, Loan Modification, Money Help, Negotiator, Pmi, Private Mortgage Insurance, Promissory Note, Promissory Notes, Real Estate Broker, Reason, Risk, Short Sale, Stop Foreclosure, Supervisor Northeast OH – Some lenders are very stubborn about collecting what they feel they are “rightfully owed.” These lenders are usually a lender that you originally got the loan from. A good example is a credit union loan, or a small community bank. Another common type is loans that were granted with Private . . . → Read More: Northeast Ohio Short Sales: How To Convince A Lender To Waive A Promissory Note One thing I love about luxury home short sales is that they typically sell quickly. However I consider my self a consultant who’s main job is not just to sell my clients home but to actually put my clients in a better situation. . . . → Read More: North Eastern Ohio Luxury Home Short Sale Takes a Long Time To Sell? Leave a comment Cleveland short sales, Delay foreclosure, Forclosure options, Short sale help, Stay in my house 100 Percent, Assets, avon ohio short sale, avon short sale, Current, Flood, Foreclosure, Foreclosures, Fortune, Job, Large Portion, Lenders, Long Time, Love, Luxury Home, Luxury Properties, Market History, Market Research, Marketing, Money, Mortgage, Nuances, ohio luxury home short sale, Precaution, Skillset, Treasury Departments, U S Treasury One of the most common concerns that sellers have when we discuss working with them to do a short sale on their home is: Will I be taxed on my the forgiven debt from my Ohio short sale? Call Andy with more questions or to get your home sold on a short sale. . . . → Read More: Will the forgiven money on a short sale be reported to the IRS as income? 2 comments Uncategorized Assets, Bankruptcy Code, Cancellation Of Debt, Chapter 11, Chapter 13 Bankruptcy, Chapter 7, Creditors, Debtor, Earned Income, Futile Effort, Insolvency, Irs Publication, Irs Website, Many Things, Married Couple, Million Dollars, Money, Mortgage Debt, Page Six, Personal Loss, Phantom, Possibilities, Property Liens, Real Estate Property, Retirement, Www Irs Gov In 2009 Bank of America was one of the worst of the worst lenders to do a short sale with. No professional wanted to work a short sale with them because if you were lucky you could get a short sale done in 6 months and that only with a lot of follow up and . . . → Read More: Bank of America to get it's act together |
|
|
|
|