http://realestatemarketingthisweek.com/taxes/cancellation-of-debt-income-reported-to-the-irs-on-form-1099-c/ – Cancellation of debt income reported to the IRS on form 1099 C – Part 3 – So we talked about 20 million homeowners are upside down on their mortgages, thousands of their homes are being foreclosed on every week, property values may still be declining in some areas. Homeowners are walking away, they [...]
Tag Archives: Negotiate
Taxes on Short Sale, Loan Modification and Foreclosure – IRS 1099c Cancellation of Debt Income
Taxes on Short Sale, Loan Modification and Foreclosure – Expert Real Estate and Tax Advice from CPA
http://realestatemarketingthisweek.com/taxes/expert-tax-advice-from-a-cpa-regarding-real-estate-related-issues/ – Expert tax advice from a CPA regarding a real estate related issues – Part 1 – Today’s show has a timely message. We have with us, an expert in the tax ramifications of the different types of mortgage situations that people find themselves in, we have brought in Mike Patenella, that I will [...]
Real Estate Financing – First Time Home Buyers and FHA Mortgages – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/real-estate/80-of-homes-can-be-purchased-with-fha-financing/ – 80% of homes can be purchased with FHA Financing – Part 4 – You also talked about this graph you put together, it talks about the month of November was a 25% increase over the previous year. Obviously prices have gone down and it looks like it then has gone back up, and [...]
Real Estate Short Sale – Home Owner Hardship Letter – RealEstateMarketingThisweek.com
http://realestatemarketingthisweek.com/short-sales/short-sale-objections-advantages-and-hardship-letters-keeping-the-home-owner-in-the-home-helps-fight-vandalism/ – Short Sale Objections, Advantages and Hardship Letters; Keeping the Home Owner in the Home helps fight vandalism – Part 3 – One of the things I mentioned at the beginning of the last segment is this special allotment of funds that we received from one of our mortgage banks that we currently have [...]
Real Estate – First Time Home Buyer and Seller Paid Closing Costs – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/real-estate/seller-paid-closing-costs-the-best-deal-going/ – Seller paid closing costs the best deal going today in Real Estate – Part 1 – Today were going to be talking about mortgage strategies, buying real estate, all the different things that you need to know from here on out through 2009, lots and lots of opportunities. We brought back once again [...]
Real Estate Financing – Seller paid Closing Costs with Low Down – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/real-estate/how-having-the-seller-pay-your-closing-costs-can-quadruple-your-money/ – How having the Seller pay your closing costs can quadruple your money – Part 2 – On the other hand if you roll that into the loan it’s going to take you 160 months to break even on that. 160 months which is a little over 13 years, that is the antithesis of [...]
Loan Modification – Home Mortgage Crisis causes Recession – RealEstateMarketingThisweek.com
http://realestatemarketingthisweek.com/loan-modification/world-wide-recession-caused-by-the-mortgage-melt-down-is-inflation-far-behind/ – World wide recession caused by the mortgage melt-down. Is inflation far behind? – Part 6 – What their ratings were based on was simply that nobody thought real estate would go down again. They were just going to keep going up forever, doesn’t really matter if you call it AAA or BBB. Isnt [...]
Tax on Short Sale, Loan Modification and Foreclosure – Recourse vs Non-Recourse Mortgages
http://realestatemarketingthisweek.com/taxes/arizona-is-not-a-recourse-state-so-chances-are-you-will-not-owe-1099-c-income/ – Arizona is not a recourse state, so chances are you will not owe 1099 C Income – Part 6 – In Arizona, typically its not a recourse state, so if they are telling you that theyre going to garnish your wages because you didnt pay back your entire mortgage, there is a local [...]
Stop Foreclosure Fraud – Beware the Real Estate Foreclosure Sharks – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/foreclosure/the-pitfalls-for-trusting-your-bank-one-more-time-beware-the-foreclosure-sharks/ – The pitfalls for trusting your bank one more time; Beware The Foreclosure Sharks – Part 4 – This whole loan modification thing reminds me a lot of the old Peanuts comics where every fall Lucy would get out with the football and she would set it down on the ground, and she would [...]
Bank Foreclosure – Forbearance Agreements won’t Stop Foreclosure – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/foreclosure/foreclosure-rates-on-forbearance-agreements-done-with-banks-reaches-58/ – Foreclosure rates on Forbearance Agreements done with banks reaches 58% – Part 3 – In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is [...]