County Properties will be on TV Wednesday, April 21st “San Diego Living.”

County Properties is going air. Please enjoy our viewing on TV Wednesday, April 21st “San Diego Living.”  Channel 6 CW TV live some time between 9AM and 10AM. Ou discussion will cover the new revised government guideline related to loan modifications and short...

Is it realistic to get a principal reduction on a mortgage modification?

When Bank of America announced last week that it would begin cutting loan balances for distressed mortgage borrowers, it marked a sea change in the way lenders deal with seriously delinquent loans. Until now, big lenders and servicers, such as BofA , have only given...

HELP with Homeowner Government Programs-Updates starts April 5, 2010

To simplify all of the confusion, “Hope” and “Making homes afordable” programs are broad names that encompus the specific options listed below.     The specific program options are the following: (click on specific program for details) HARP...

IRS tells homeowners how to get tax relief if a lender forgives part of their debt

Generally, the Internal Revenue Service (IRS) treats debt forgiveness by a creditor as taxable income.  However, under federal legislation that took effect in 2007, certain home mortgage debt cancellations—such as loan modifications, short sales, or...