I’m sure you’ve heard the famous saying “money doesn’t grow on trees”. Some homeowners unfortunately in this past year wish it did, when they couldn’t make their mortgage payments due to COVID-19. Then, they were relieved when they found out that their mortgage lender or service provider allowed them to temporarily pause or possibly even […]
Having low mortgage interest rates can be a drawback if the total interest and property taxes paid are below the amount paid for a standard deduction. If you plan a little you may be able to improve your situation at least every other year. Anyone that keeps tabs on their taxes knows that you can […]
Thoughts and choices If you are trying to decide to take standard tax deduction or itemize when filing your income tax return, you need to look at what gives you the highest return. Most people that make over $75,000 a year itemize their deductions, but with lower interest rates is this wise? For […]
Fairfax VA – A homeowner – we’ll give him the alias Peter – recently asked me a question about foreclosures. Peter, who was facing foreclosure himself, asked, “I am six months behind on my mortgage payments. I just got the tax bill for 2010 in the mail. Should I pay it?” Peter asked me what […]
Fairfax VA -Individuals facing foreclosure might wonder if it’s best to do a deed-in-lieu of foreclosure and just give their home back to their lender. A deed-in-lieu does have its benefits – for the lender that is. Lenders like them because it speeds up the foreclosure process. After all, a deed-in-lieu is basically like pleading […]
Fairfax VA – A recent article in the Sun Sentinel described a situation in which Bank of America foreclosed on a paid off home. Here’s an excerpt: When Jason Grodensky bought his modest Fort Lauderdale home in December, he paid cash. But seven months later, he was surprised to learn that Bank of America had […]
Fairfax VA -Debt collectors have a tendency to get pretty mean when someone gets behind on their payments. The constant barrage of threats, demands, and phone calls can become really overwhelming – leading many people to simply give up. Debt collectors have a difficult job, which is probably why they’re so mean. Still, I have […]
Fairfax VA – It’s possible to get your life back on track after a Fairfax VA short sale. The first step you’ll want to take is to start repairing your credit. But what about those pesky collections that never seem to go away? I’ll show you a couple of techniques here. This will help you […]
Fairfax VA -It can be overwhelming to face an upside down mortgage. You might just be tempted to walk away, mail your keys to the lender and move out. But before you give up, I have some important information to give you: You should stay in your Fairfax VA house for as long as possible. […]
Fairfax VA -Many people don’t want others to know when they’ve decided to short sell their Fairfax VA home. They feel like the process is somehow shady or dishonest. I’m here to tell you that that notion couldn’t be further from the truth. A lot of the people short selling today never had a blemish […]
