Q&A: Does listing your house for a short sale stop the loan modification process? With Bank of America?

Question by lia: Does listing your house for a short sale stop the loan modification process? With Bank of America? We have been attempting a loan modification with Bank of America for 6 months. We are no closer to getting any answers from them then we were 6 months ago. We have sent our papers in at least 7-10 times, as requested. They continually tell us they are making progress, then request all the paper work over again. We have been denied once already because they...

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Cancellation of Debt Income Can Mean Severe Tax Consequences for You and

Cancellation of Debt Income Can Mean Severe Tax Consequences for You and ... CODI comes into play when part of your debt is forgiven or reduced, whether by a lender or through forced sale (e.g., foreclosure, short sale or deed in lieu of foreclosure). When all or some portion your debt is forgiven, for tax purposes, a gain is ... Read more on Huffington Post Business news and markets: as it happened - November 18, 2013 15.22 First up of the three will be New York's...

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Playa Vista Stop Foreclosure, Loan Modification & Short Sales: Fast Foreclosure Help

At http://www.PlayaVistaHomeSolutions.com you'll find Playa Vista's leading foreclosure prevention experts. If you are a homeowner in default we can help you... Video Rating: 5 / 5

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Program helps homeowners avoid foreclosure

Program helps homeowners avoid foreclosure Oregon homeowner who are 30 days or more late on their mortgages, or who have a verifiable financial hardship, can now request a face-to-face meeting with their lender to discuss options to avoid foreclosure. This is possible due to ... The revamped ... Read more on Wallowa County Cheiftain Cleveland Is Ready To Rock: Are You? "Even if you can get just one person to move in and become a steward of a [foreclosed] property...

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End of the Line

End of the Line The nonprofit was created specifically to run Milwaukee County Transit System, and it has done just that – weathering massive budget cuts, decreasing ridership and an increasingly politicized atmosphere – until a misstep that will cost the county more ... Read more on Milwaukee Magazine REALTORS: Home Buyers and Sellers Survey Shows Lingering Impact of Tight ... Although the housing market has shown a healthy recovery over the past two years,...

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Latest Can Short Sale Stop Foreclosure California News

Vertical agreements in health care can be pro- or anti-competitive A risk-averse, incumbent HMO may foreclose rivals by entering into an exclusive deal with the only available provider. It's relatively clear how an MFN agreement can be anti-competitive. How can it be pro-competitive? Morton explains that MFNs “may ... Read more on Houston Chronicle (blog) Eagle Construction founder Bryan Kornblau builds on success Kornblau said he could sense the depth of...

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Community Property Short Sale?

Question by miit: Community Property Short Sale? Me and my wife are going through divorce. We bought this house in California in2005. Two years she moved to France. I stopped paying mortgage six months ago. It’s not foreclosed yet and i think it’s only the matter of time so i moved out of the house. Now one of the realtors told me that I should try to short sale the property. But i don't know if I can do it or not. Best answer: Answer by TRIXIEdo what your Realtor...

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Community Property short sale?

Question by miit: Community Property short sale? Me and my wife are going through divorce. We bought this house in California in2005. Two years she moved to France. I stopped paying mortgage six months ago. It’s not foreclosed yet and i think it’s only the matter of time so i moved out of the house. Now one of the realtors told me that I should try to short sale the property. But i don't know if I can do it or not. Best answer: Answer by DeeDeeas long as you are...

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Scam or Not – Experienced opinions please?

Question by 321: Scam or Not - Experienced opinions please? Scenario: Foreclosure is imminent; Non-Judicial state (California). The homeowner has run out of options (short sale, deed in lieu, etc.) and is prepared to walk away. They respond to a road sign that says "we buy houses". The company represents that they will "buy" the house in an attempt to sell it to a 3rd party or private investor. To do so it requires the owner to sign over title. No promises are made...

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MSHDA Announces Nearly $674000 in Housing Counseling Grants

MSHDA Announces Nearly 4000 in Housing Counseling Grants Bay Area Housing, Inc. in Bay County will get $ 223,867. ... The goal of the grants is to increase, sustain or prevent a reduction in a counseling agency's ability to deliver thoughtful, effective foreclosure-related counseling services to homeowners in ... Read more on SYS-CON Media (press release) HUFFPOST HILL - Heckuva Job, Healthcare.gov That means if a bank forgives mortgage debt in a short sale or...

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