New Home/First-Time Buyer California Tax Credit Important Update (05/13/10): The 2010 New Home Credit and First-Time Buyer Credit begins May 1, 2010. FROM THE STATE OF CALIFORNIA – FRANCHISE TAX BOARD Fax delays Due to the high volume of faxes we are receiving, you may experience some delays or difficulties in connecting to our fax […]
Category: Real Estate
*SPECIAL EVENT* FORECLOSURE PREVENTION WORKSHOP GET HELP! SAVE YOUR HOME – We will be helping families with filing their loan modification for FREE Saturday, June 5th (Held Locally) 10am-12pm YOU CANNOT AFFORD TO MISS THIS!! This event is for those who . . . * Are now (or will become) delinquent * Have been denied […]
Despite the fact that loan modifications should make sense for all involved, the truth is that most loan modifications available today are even worse than the mortgages they’re replacing. Despite the recent headlines about new loan modification programs featuring principal balance reductions, a simple look under the covers reveals these new programs still fail to […]
What is Strategic Default and is it right for you. (CBS) Despite some indications that the economy is recovering, the housing market remains a disaster area. Currently, about seven million homeowners are behind on their mortgages and that number is only getting worse. Banks, with the help of the government, are offering some relief to […]
High-End Homeowners Falling Into Foreclosure Trap Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes—priced over a million dollars—have been falling into the hands of banks this year. This foreclosed home in Fort Mill, S.C. is currently listed at $1.148 […]
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What is HAFA?
You’ve heard a lot of talk about HAFA, but what is it? In early 2009, the National Association of REALTORS® (NAR) urged the U.S. Treasury Department, the Federal Housing Finance Agency, Fannie Mae and Freddie Mac to improve the short sales process. NAR’s concerns were first addressed on May 14, 2009, when the Obama Administration […]