The Mortgage Debt Forgiveness Debt Relief Act of 2007
The basic way we make money as real estate investors is buying at a low price and selling for a higher price (for flips) or buying cheaply so you can have a low mortgage and renting the property at a profit. This is the same way a [...]
Top 10 Reasons to Avoid Foreclosure
Before you jump to the conclusion that a foreclosure is your only option, or the easiest/quickest way out of a difficult and stressful financial situation – think again! A short sale (short sales allow a homeowner with a legitimate hardship to sell their property for less than the balance [...]
A Short Sale Can Turn a “No Deal” into Profits
A short sale in real estate is not always a pleasant transaction.
There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who [...]
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