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Mortgage Forgiveness Debt Relief Act &Debt Cancellation

Date: 11/07/2013 / Category: none , Current Grade ?

As long as the Owner utilize the property as their Residency the debt "WILL" be Forgiven.The form that they would use during TAX season is called Form 982 "Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Adjustment)." If you need to verify go to the IRS website or call them up.

Here is a link from the IRS:

http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-


SHORT SALE APPROVAL

Date: 07/07/2010 / Category: none , Current Grade A-

Hello I have a Short Sale that was just Approved today from $210,000.00
and Approved offer of $93,000.00 1 Dayton Place Meriden CT. 06450.....It was listed for
$143,000.00.......Do you have anyone that would be interested?

Real Estate Constultant License!

Date: 10/03/2009 / Category: none , Current Grade A

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Debt Adjuster Licensing

Debt Adjuster Licensing

Nonprofit and For Profit Who needs a license?

"Debt adjustment" means, for or... continue reading >>

Investor Must get a License

Date: 10/03/2009 / Category: none , Current Grade A-

The Bill is 950!Check it out!!!

 

http://www.cga.ct.gov/2009/BA/2009SB-00950-R01-BA.htm

 

New Law for Doing business CT!

Date: 10/03/2009 / Category: none , Current Grade A-

This is Great! Finally New Law was passed that All Real Estate Consultants Negotiating Short Sales Etc. must be licensed in Connecticut! After October 1, 2009 any new deals After that date…. This is Great keeps away the people that are Scammers and have no clue what there doing. And for Us to have a Licenses to back us up!

The Bill is 950!Check it out!!!
http://www.cga.ct.gov/2009/BA/2009SB-00950-R01-BA.htm

 

Foreclosure pushes women to Suicide

Date: 03/23/2009 / Category: none , Current Grade A

Families in Crisis!

Date: 03/23/2009 / Category: none , Current Grade C

Foreclosures and Suicides!!

Date: 03/23/2009 / Category: none , Current Grade A

MAKING HOME AFFORDABLE.GOV

Date: 03/23/2009 / Category: none , Current Grade B-

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MAKING HOME AFFORDABLE.GOV

Ok Obama passed this bill to help families...

Well a Loan Modification for those who are unaware takes three months due to the Mortae Crises it can take between 4 to 9 months. Loan Modifications has always beed around since Mortgages have been around. It is unfortunate people were unaware! A loan Modification is not a uarantee (per banks) but has lon has your debt is not more than your income anyone can qualify.

Home Affordabilty Plan " has Always been around" it is just that they put another name to it. (Loan Modification,Loss Mitiation,Forebarance,payment pland,deferments,hort... continue reading >>

Response to Foreclosure Scams

Date: 03/23/2009 / Category: none , Current Grade C

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Homeowners and anyone one else need to becareful with everthing. Homeowners are always encourage to research and get all vital information before working with any Company and or professionals. That is why it is up to the professionals to advice the Families correctly!

The following statement you made is unfare to say:

"Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay – walk away!"

There are comapies that focus in Loan Modification, Short Sales etc. obviously those compaies will not work... continue reading >>

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