If you thought a bank foreclosure ended the financial miseries associated with your former home, think again. You could soon be hearing from the IRS about taxes due in connection with the residence you no longer own.
“You can walk away from the big house payment, but not from the potential tax implications,” says John W. [...]
Archive for October, 2007
Double whammy: Foreclosure and taxes (1 of 2)
Posted in Home Mortgage on October 31, 2007 | Leave a Comment »
Foreclosure scams
Posted in Home Mortgage on October 30, 2007 | Leave a Comment »
You see the Day-Glo signs everywhere these days: We buy houses! Cash for your home! Fast refi now!
Chances are, you mentally filed these come-ons under good old-fashioned American entrepreneurship in action. Maybe you even think kindly toward companies that would offer a hand to debt-ridden homeowners on the brink of foreclosure.
Fat chance. The majority of [...]
8 do’s and don’ts for fighting foreclosure
Posted in Home Mortgage on October 29, 2007 | Leave a Comment »
In the beginning of the foreclosure process, homeowners can still save money, their credit or their house if they act quickly. Even when declaring bankruptcy, avoiding a foreclosure on your credit report can salvage your ability to rebuild credit and buy another house, which makes the struggle against a possible foreclosure well worthwhile.
1. Sell the [...]
Facing foreclosure, finding solutions
Posted in Home Mortgage on October 29, 2007 | Leave a Comment »
Mortgage companies say that the last thing they want to do is foreclose, because seizing a delinquent borrower’s house costs money. It follows, then, that the key to keeping the house is to make it less expensive for the lender to work with you than to foreclose.
How does one go about working out a plan [...]
10578 CRESTON DR, Los Altos 94024
Posted in Los Altos on October 27, 2007 | Leave a Comment »
$1,750,000 SqFt: 2,579
Remarks:
RARE CREEKSIDE HOME OPPORTUNITY! RECENTLY UPDATED/MBATH& FRENCH COUNTRY KIT W/ DOUBLEOVEN, GAS WOLF RANGE, TITLE ENTRY, HDWD FLS, DUAL PANE WDS CUPT SCHOOLS STEVENS CR,KENNEDY ,MONTA VISTA. OPEN HOUSE SUN. 10/7, 1:30-4:30pm.
Location: google map
Property Features:
Familyroom
Separate Family Room
Informal Dining Area
Eat in Kitchen
Other Rooms
Office
Bedroom Descriptions
1 Master Bedroom Suite
Shower And Tub
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Shower
2 or More Stall Showers
Other [...]