One of the most often asked questions by home sellers is how a foreclosure or a short sale will affect his/her credit. The first answer is neither help your credit score go up, it’s about which will have the least impact on you. The next part to that question as you can surely understand is [...]
A ‘Short Sale’ is in essence a discount that a mortgage Lender is willing to accept off of the original balance of a loan (mortgage) encumbering real estate. Lender(s) will typically consider a short sale on properties that have little or no equity and are either behind in payments or in imminent danger of being [...]
As a short sale negotiating company, we work exclusively with agents that have a high level of integrity and who want to ensure the that their sellers have their properties sold with no, or the least amount of negative ramifications. We feel very passionate about getting short sales negotiated in a way that every effort [...]
Most people who come to our Minnesota short sale company for our specialist services, choose our option because as home owners they are experiencing one or more of the following problems: they are behind in payments, in foreclosure, over financed, may be stressed out by money, the bank keeps calling them, or they have had [...]
Here are the two most common problems I hear of people having these days that have bought or sold a Minnesota Contract for Deed within the last 7 years, since about 2002. Buyer’s have watched the seller collect the payments every month from them for the Contract for Deed, but the seller isn’t making the [...]
Have you seen http://irstax.notlong.com. The Mortgage Forgiveness Debt Relief Act and Debt Cancellation from Dec. 2007, looks to be ending in 2012. This could be your one relief on that 1099 for selling your house for less than what you currently owe. This is a big thing to look into, it’s [...]
