2 Articles match "Income","Properties","Tampa"

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New Tax Law Spurs More Short Sales, Expert Says
The government previously viewed the difference between the debt and the value of the home as taxable “income.” 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 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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Economic Indicators: Image Is Everything
What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad,
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • New Tax Law Spurs More Short Sales, Expert Says
    The government previously viewed the difference between the debt and the value of the home as taxable “income.” 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 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
  • Economic Indicators: Image Is Everything
    What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE