Foreclosures & Short Sales

This category contains 24 posts

How To Buy A Foreclosure

This is worth a chuckle: http://www.youtube.com/watch?v=SM7oWKgCVo4

Foreclosure Update

The number of mortgage default notices filed against California homeowners fell last quarter compared with the prior three-month period, the result of lenders’ evolving foreclosure policies, an uncertain legislative environment and an uptick in the number of mortgages being renegotiated, a real estate information service reported. “It may well be that lenders have intentionally slowed [...]

Foreclosure Workshop

If you are behind in your mortgage payments, or headed in that direction, you have options.  The NID Housing Counseling Agency is offering free Housing Counseling Clinics for homeowners having difficutly maintaining their monthly mortgage payements because of: -Property Value Decline/Can’t Refinance -Situations beyond your control -Increased Mortgage Payment -Adjustable Rate Mortgage -Loss of income/job [...]

FHA Finalizes Anti-Flipping Rule

Real estate flippers got a new set of marching orders last week — at least those flippers who want to use FHA mortgage financing.The Federal Housing Administration issued long-awaited final regulations on property flips last Wednesday. The rules take effect nationwide July 7. Flipping involves resales of houses or other real estate shortly after acquisition, [...]

Some Short Sales Are Still Taxable Events

Disclaimer: I am not a lawyer.  I am not a CPA.  I am a Realtor.  Therefore, if you have any questions about any of this, do not ask me.  I am merely a funnel for information that was provided to me by Old Republic Title. Taxpayers Beware: Zero Profit Doesn’t Mean Zero Capital Gains Taxes! [...]

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A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…

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