Upside-down on your Mortgage? Welcome to the Majority!
Loan Modification Assets
Question: I am thinking of short selling a home that I paid 300k for it is now only worth 150k. I need to find a lawyer?
I live in Miami Florida area. Also note that this is an investment home – speculation that went bad. The builders and the bank were the ones that [...]
Loan Modification Budget
Question: What is the most effective way to market my product?
I am working for a Lead Generating marketing firm, I was hired to sell leads for loan modifications and debt settlement, an industry I have been in for years, only not selling leads, you guys have any suggestions, the leads are real time [...]
Tags: bailout, budget, government, help, loan modification budget sheet, loan modification budget worksheet, obamaMortgage Relief Act Of 2008
Question: Does the mortgage debt relief act apply to people who refinanced?
I hear 2 versions of this story. That the canceled debt from my short sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA [...]
Obama Loan Modification Details
Subprime lenders who fueled the U.S. housing crisis may be reaping benefits from the Obama administration’s Home Loan Modification program, according to a report from the Center for Public Integrity (CPI).
The $75-billion program, dubbed Making Home Affordable, grants taxpayer subsidies to lenders who successfully lower monthly payments for troubled borrowers. However, the [...]
Mortgage Modification Updates
Q: Hi Todd. Are there set rules for mortgage modifications. I get different answers depending on who I talk to.
A: Great question. There are some questions in real estate where a good real estate should say, “I don’t know.” Until now this was one of those questions. I say ‘until now’ because the [...]
Subscribe to our RSS FeedYou are currently browsing the Upside Down Mortgage weblog archives for 'bailout' tag.
Longer entries are truncated. Click the headline of an entry to read it in its entirety.