Fairfax VA -It can be stressful to be a Fairfax Va home owner who is facing foreclosure. You don’t know what is going to happen, how much longer you have in your house before the bank kicks you out on the street or how much money you’re going to owe your lender after all is […]
Archives: February 2011
The Biggest Reason Fairfax Loan Modifications Fail
Don't Attempt a Fairfax VA Loan Modification Without This Tool
Frequently Asked Questions About Fairfax VA Short Sales
Fairfax VA – There are many misconceptions about foreclosure, deed-in-lieu and short sales. I hope this entry will help clear up some of those misconceptions. Common Foreclosure Myth #1: No matter what I do, I’m going to owe money to someone. Most of the time, the seller is able to walk away from a short […]
Why Does a British Bank Do A Better Job On Fairfax Short Sales or Fairfax Loan Modifications Versus the American Banks
Is The Fox Watching the Henhouse in Fairfax VA?
Fairfax VA – I recently heard a shocking story about a Massachusetts couple who owned a paid off home, which Bank of America then proceeded to foreclose on. According to the St. Petersburg Times, the couple bought the home in Spring Hill, California and paid cash. They figured that would make it safe from the […]
What Are The Tax Consequences For A Fairfax VA Short Sale
Fairfax VA – For many Fairfax VA taxpayers, the term IRS is something that instills fear in them. Here’s what I think about the whole forgiveness thing. Remember, as with all of my writing, all of the info stated below is my personal opinion on this subject. This is not legal or accounting advice. You […]
Will I Owe A Deficiency on my Fairfax VA Short Sale – Part Three
Will I Owe A Deficiency on my Fairfax VA Home – Part Two
Recently, I told you about a couple who inquired about Fairfax short sale deficiencies. This couple told me, “We have a first mortgage with EMC. Just got an approval letter on a short sale. NO language in letter that says ‘satisfied in full’ or words to that effect.” The couple continued with their story: “The […]