How Does FHA Short Refinance Program Works For The Borrowers?
The federal housing administration’s refinance of borrowers in the sense of negative equity positions program is generally called the F.H.A. short refinance and it enables the borrowers who are in debt more than their original worth of homes to refinance a F.H.A. loan...No California tax penalty on short sales
No California tax penalty on short sales Those homeowners who take a break from their mortgage lender they are troubled and can face a heavy tax bill if their key provision expires at the end of the year. Those homeowners who live in those states where mortgages are...Fast Short Sale process with the help of new Short Sale rules
Fast Short Sale process with the help of new Short Sale rules Short sales, like the name always take a long time in process because the word short in short sales refer to the shortage of money not the time. When someone buy a home through short sale, it allows a...Why homeowners choose strategic default when they can pay?
Why homeowners choose strategic default when they can pay? With the state of the economy over the past decade, millions of Americans have been sitting on their homes as they wait out the foreclosure process, taking advantage of free living and waiting for a strategic...Short sales laws that favor home sellers in California in 2014
In the real estate market, a short sale is the sale of a property under mortgage where the sale price is less than the balance of the mortgage. The bank receives the proceeds from the sale and may or may not relieve the borrower of the remaining balance. In...Follow Us On Social
