Posts tagged as:

loan modification

New Tax Rules for Short Sales

July 11, 2009

Suze Orman explains the new tax breaks and new tax rules that have to do with short sales and foreclosures.

Obama Administration Encourages Short Sales by Giving Incentives.

May 15, 2009

May 14, 2009 by Tim Burrell
Short Sales Will be Streamlined and Encouraged by the Treasury
Today the Making Home Affordable initiative was updated by the Treasury Department to provide incentives for homeowners and lenders to engage in short sales.  The program also encourages deeds-in-lieu of foreclosure.
The process begins with the lender evaluating the sellers to see if they qualify for the program, as [...]

QUESTIONS TO ASK BEFORE HIRING ANYONE TO MODIFY YOUR MORTGAGE LOAN

May 3, 2009

QUESTIONS TO ASK BEFORE HIRING ANYONE TO MODIFY YOUR MORTGAGE LOAN
Not all loan modification companies are the same. If you decide to seek the help of anyone claiming to have experience with mortgage loan modifications, then you need some good information BEFORE you make any decisions.
Choosing someone to negotiate with your lender about the possibility [...]