by countyproperties | Mar 27, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
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...
by countyproperties | Mar 27, 2010 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
On March 24, 2010, Bank of America announced enhancements to the National Homeownership Retention Program to modify the mortgages of qualified homeowners who are experiencing financial hardship. The National Homeownership Retention Program is already available to...
by countyproperties | Mar 15, 2010 | Current Affairs, Finance, Going Green, Real Estate news
Take advantage of improved tax credits available for a number of energy-efficient home improvements. Find a professional remodeler in your neighborhood at www.nahb.org/remodel to get excellent advice – and your assurance of a project well done. The Existing...
by countyproperties | Mar 12, 2010 | Chula Vista Real Estate, Real Estate news, San Diego Foreclosure news, San Diego Real Estate
Sneak Preview! 945 Gutay, Chula Vista, CA We have a home located in Chula Vista coming onto the market soon, that is a foreclosure. It is a 3bdrm/2bath, 1603 square foot home that has been remodeled. It has a large lot with a deck in the back off of the home. Plus a...
by countyproperties | Mar 12, 2010 | Finance, Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
The California Senate voted 21-15 today to approve legislation that would prevent homeowners who have had a foreclosure, loan modification or short sale from being required to pay state income taxes on the debt forgiven. The bill, SB32 (8X), by Sen. Lois Wolk...
by countyproperties | Mar 12, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. This latest program, which will allow owners to sell for less than they owe...
