PLEASE don’t hold your breath when your short sale depends on negotiating an IRS tax lien. If possible, avoid IRS liens. I’ll take HOA liens or second mortgages charged off to NCO Collections any day of the week over an IRS lien. To be clear, you must satisfy the IRS tax lien before you can [...]
FHA short sales differ from NON-FHA short sales, demanding homeowners requesting short sale help and real estate agents providing the help clearly understand 10 critical steps to short sale success! Please understand, FHA short sales operate differently from non-FHA short sales. The rules are different and the process is different. FHA short sales are handled [...]
Massive nation-wide short sales and foreclosures call out debt collectors who “bang down” debtors’ doors for up to 20 years AFTER banks foreclose on them! MILLIONS of Americans are facing credit default, exposing them to potentially serious debt collection abuses for up to 20 years AFTER the financial hardship. Beth Walsh, Licensed Real Estate Agent [...]
Sarasota slowly recovers one “sold” house at a time, DESPITE banks dumping distressed properties onto a real estate market facing continued median price drops month after month. Fear not, I finally can find encouraging news in this month’s sales numbers. Last year at this time, you recall I chose not to report market stats. Market [...]
Sarasota foreclosures do NOT have to destroy a neighborhood aesthetically or financially as abandoned properties “stink up” the neighborhood, causing values to plummet even more quickly than invading mold, disrepair & community outrage. Debt owners could/should reduce the principal and modify the mortgage based on today’s values. Or else…. What’s the “…or else?” Even [...]