No fax loans

I wish i knew where home prices would be at in the future. I have read others posts in this thread about fc vs dil vs ss but my situation is slightly different in that I have already filed bk discharged in 2010. We purchased a new home in Feb 2015 and are happily in the new home having vacated our old one. Some flippers would like to try and purchase our old home as a SS. In reality the debt was discharged already so walking away sounded like the best option but now this SS might get our name off the deed faster.... My goal is to get our names off the deed of the old house as quickly as possible. Any advice is really welcome here do I go ahead and try to have these flippers do a SS or just let it continue on the FC process? Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Just a quick thread to let you know just how messed up WF really is. My home closed with a shortsale on June 19 - one of the happiest days of my life - Since then, my family has been enjoying a lovely payday loans no upfront fees rental and saving all our pennies for a new home. In the mail yesterday came a letter from WF - from the same home preservation specialist who assisted and negotiated our short sale. The letter asks for more information from us - since we are still exploring options for mortgage assistance.

Honestly I can believe it and have seen how screwed up these mortgage servicers like Wells Fargo have been since the very beginning. In any event, congratulation of the successful short sale loans cash installment loans laredo tx and thanks for sharing your plight with the LoanSafe community over the last couple years. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem.


Cash loans today

The opinions expressed at long term payday loan or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. House sold short in Idaho which has a 5 year statue of limitations for a court deficiency judgement.

I no fax loans live in Mississippi and lived here when the house sold. Which state is used to figure the statue of limitations - the one I lived in (and still live in) when the house sold or the state the house is in? It will be based on where the contract was signed and executed which would be Idaho. They would then have to go to Mississippi in order to file to collect from you.

Yes, I was a real estate agent at one time and I found that some Realtors lie and cheat a little so they can make those big commission checks. It was one of the reasons why I got out of the business. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The loan services opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our It will be based on where the contract was signed and executed which would be Idaho. They would then have to go to Mississippi in order to file to collect from you. Yes, I was a real estate agent at one time and I found that some Realtors lie and cheat a little so they can make those big commission checks. It was one of the reasons why I got out no fax loans of the business.

Do you know if the count for the statue of limitations starts when from I stopped paying the mortgage or from when the house sold?

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

Since 2007, online payday loans no fax loans alberta the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. The hit is usually 50-100 points as opposed to 100-160 point drop with foreclosure. With some lenders such as Fannie Mae, they may allow you to get a new mortgage right after the sale if you have never fallen behind 30 days late on your payments and then short sale. Also, your personal residence is exempt from IRS via the mortgage debt relief program if you short sale, but not if you walk away. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.

Most of the information you find here is easily available on the internet.

You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. The hit is usually 50-100 points as opposed to 100-160 point drop with foreclosure. With some lenders such as Fannie Mae, they may allow you to get a new mortgage right after the sale if you have never fallen i need a loan with bad credit behind 30 days late on your payments and then short sale. Also, your personal residence is exempt from IRS via the mortgage debt relief program if you short sale, but not if you walk away.


Direct lenders for bad credit loans

I thought that the mortgage debt relief ended on Dec. If it has been extended then my understanding is that both foreclosures and short sales would qualify for cancellation of debt forgiveness of tax but if not extended then both would be considered taxable income unless you can prove insolvency, am I missing something or am I misunderstanding the laws, please explain, thanks. SOme programs separate from IRS require that the debt not be forgiven in the IRS sense.

If you apply for a new mortgage within a couple of years it will make a no fax loans difference. Mortgage applications ask if you have surrendered a house to foreclosure, deed in lieu within the last three years they mention nothing about a short-sale. Other than that, a short sale introduces new variables, mostly contributing to a general PITA, such as valuation, finding a buyer and getting the bank to approve the amount. In either case there may be a deficiency they can sue for but in a payday loans calgary short you negotiate it - another variable, whether you can get the deficiency waived - while in a foreclosure it depends on the laws of your state.

In judicial states it often is a separate hearing to assess a deficiency. I thought that the mortgage debt relief ended on Dec. If it has been extended then my understanding is that both foreclosures and short sales would qualify for cancellation of debt forgiveness of tax but if not extended then both would be considered taxable income unless no fax loans you can prove insolvency, am I missing something or am I misunderstanding the laws, please explain, thanks. Also, it was my understanding that the Mortgage Debt Relief Act only applied to refinanced loans.

They did not apply to non-recourse, purchase money loans. There are lawyers who specialize in going after this type of fraud by real estate brokers.