Tag Archives: HAFA short sale foreclosure

$ 8,000 Tax Credit, did you take advantage of it?

Who doesn’t want to take advantage of Tax Credits? Remember the Federal Tax Credit programs offering $7,500 and later $8,000 to first time home buyers? A lot of Home Buyers did take advantage of it. There are some hick-ups with … Continue reading

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Short Sale = not Bank Owned

In general when you see overviews of Distressed Sales, REO/bank owned sales are put together with Short Sales. This might give the false impression that a Short Sale is a bank owned sale. However, a SHORT SALE IS NOT OWNED … Continue reading

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Deficiency: shortage, deficit… or paying back what you owe…

The majority of people who buy a home need a mortgage or a loan. The home is yours, you pay the mortgage back over the life of the loan. When you sell the home you pay off the remainder of … Continue reading

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