1 Articles match "Deficiency","Properties","Tampa"

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New Tax Law Spurs More Short Sales, Expert Says
short sale is a pre-foreclosure sale in which the mortgage lender agrees to accept less than what they are owed on the property. “It’s going to change everything,” said Lucier, a Tampa, Fla., investor and author of the Pre-Foreclosure Property Investor’s Kit. “Since Investors could potentially use this information to their advantage when negotiating with sellers in order For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • New Tax Law Spurs More Short Sales, Expert Says
    short sale is a pre-foreclosure sale in which the mortgage lender agrees to accept less than what they are owed on the property. “It’s going to change everything,” said Lucier, a Tampa, Fla., investor and author of the Pre-Foreclosure Property Investor’s Kit. “Since Investors could potentially use this information to their advantage when negotiating with sellers in order For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE