shortsaleforeclosure.org

SOUTHERN CALIFORNIA FORECLOSURE TRUSTEE SALE.wmv

admin — Sun, 20 May 2012 15:40:33 +0000

g src=”http://i.ytimg.com/vi/JjPtCf4C-VQ/0.jpg” align=”left”>Short Video on Foreclosure Auction/Trustee Sale in Southern California. We have a lot of competition these days and lots of investors with all cash – buyers at the Auction. Hope you enjoy this short video. Apologize for the sound and the movements…as I am using a small camera for this….Follow me on Twitter at Invstr1…….Click on the links below.

Edgardo E. Cruz
DRE Lic.#01312077
Twitter: Invstr1

ARTICLE: Foreclosure Trustee Sales Auctions – What’s So Good About Them?

http://www.EzineArticles.com

BLOG: http://socalforeclosurehunters.blogspot.com

MEETUP http://www.meetup.com/AUCTIONS

GET ASSURED, INC.
http://www.getassuredinc.com

Duration : 0:7:44

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HAFA Short Sale-By Los Angeles Short Sale Agents Munson Realty

admin — Sun, 20 May 2012 15:40:32 +0000

HAFA Short Sale-By Los Angeles Short Sale Agents Munson Realty

The HAFA short sale-aside from the avoidance of foreclosure, the elimination of mortgage debt and the $3,000 relocation benefit, HAFA short sales may offer some additional benefits.
Current lending guidelines may allow a “fresh start”. A borrower may be eligible to borrow or to own a home again sooner through a short sale as compared to foreclosure. Fannie Mae’s lending guidelines favor those who proactively address their situation rather than avoiding the situation they are experiencing.
Borrowers may be able to buy again by re-establishing a credit history as soon as two years after short sale vs. seven years after foreclosure (but only three years if borrower has extenuating circumstances) under Fannie Mae guidelines.
In this video I explain the benefits of a HAFA short sale including the $3,000 relocation incentive. I also explain the HAFA short sale guidelines and how to qualify for a HAFA short sale. For more information visit. http://www.losangelesshortsaleagents.net or call 323.216.9671

Duration : 0:4:8

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Foreclosure What you need to know!

admin — Sun, 20 May 2012 15:40:31 +0000

What you need to know about foreclosure…
with Broker A.Castillo-Perez
www.sucasaocastillo.com
http://www.amazon.com/author/arianacastilloperez

Duration : 0:3:11

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What are the tax consequences of a short sale?

admin — Sun, 20 May 2012 15:40:30 +0000

Call 888-566-8222 or www.MyOneStop.net or Text “PLAN” to 82257
There are several different scenarios with regard to whether or not you will owe federal income taxes on the loss the lender takes in a short sale.
When you do a short sale, your lender is agreeing to settle the debt on the property for less than the amount they are owed. The IRS therefore allows them to write off this loss, which is why your lender will send you a 1099-C after the short sale.
The IRS considers “debt relief” to be income for tax purposes. For example: if your lender writes off $100,000 on your short sale, traditionally they will send you a 1099-C for that amount, and you would include that when you file your income taxes. The “C” stands for “Cancellation of Debt” and the law says cancelled debt is taxable as income.
There are exceptions that most individuals who do a short sale qualify for that exclude them from having to pay taxes on a short sale.
The Mortgage Tax Debt Relief Act of 2007 signed into law in January of 2008 and extended through 2012 states that homeowners who do a short sale on their primary residence, and have a purchase money loan “In other words”, they have not pulled cash out of their home with a cash-out refinance) pay no taxes on the loss that their lender incurs in a short sale. If a homeowner has pulled cash out and has put that money back into their home to “substantially improve” the home, they are also excluded from taxes on the short sale.
But if you pulled cash out on your primary residence and spent it on something other than upgrading your home like a car or vacation then this will result in a taxable event unless you qualify for the “Insolvency” exclusion.
The IRS does not require you to pay taxes on the loss the lender takes in a short sale if, at the time of the short sale, you are insolvent.

Call 888-566-8222 or www.MyOneStop.net or Text “PLAN” to 82257

Duration : 0:2:2

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Mechanics of short sales and foreclosures 2012, Part 2 of 2

admin — Sun, 20 May 2012 15:40:29 +0000

Michael Gray interviews attorney William Mahan, about the mechanics of short sales and foreclosures for Financial Insider Weekly. Part 2 of 2 explains what a short sale of real estate is, and how it differs from foreclosure. http://www.financialinsiderweekly.com

Duration : 0:14:38

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Technorati Tags: financial insider weekly, foreclosure, real estate, short sale, william mahan

The Ultimate Pre-Foreclosure & Short Sale Seminar Workshop

admin — Fri, 18 May 2012 16:17:39 +0000

Make money by learning how to profit from the HUGE amount of foreclosures. Our system is teaching thousands how to make $20,000 to $100,000 per month buying and selling foreclosures via the Short Sale Method. Listen to a few of our students in this video.

Duration : 0:5:11

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Are HAFA Short Sales Worth it?

admin — Fri, 18 May 2012 16:17:38 +0000

When selling your Sacramento home think twice about HAFA

Duration : 0:2:3

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The Consequences of a Foreclosure

admin — Fri, 18 May 2012 16:17:37 +0000

Please visit www.StopForeclosureSanAntonio.com to download you Free Report describing the top 5 ways to stop the foreclosure process, or visit www.StopForeclosureFreeWebinar for a free webinar outlining how to stop the foreclosure process in 7 days or less.

Duration : <b>0:3:14

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Definition Of Foreclosure – Is it Possible To Avoid Foreclosure?

admin — Fri, 18 May 2012 16:17:37 +0000

http://www.harpprogram.net The Government has Mortgage Refinance Plans that could save you from Foreclosure! 1. What is the foreclosure definition..
2. How to stop Foreclosure .. Click the link to learn everything about the Home affordable Refinance program.

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Duration : 0:0:25

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Real Estate Market with CDPE: Bank of America Short Sale Update

admin — Fri, 18 May 2012 16:17:36 +0000

http://www.cdpe.com – Real Estate Market with CDPE: Bank of America Short Sale Update – BofA is helping distressed homeowners with short sale relocation assistance program. Your clients could receive 2,500 to 30,000 in relocation assistance. Financially distressed homeowners want to avoid foreclosure. CDPE and Bank of America want to help them. Find out if you qualify and how to get it.

Real estate agents don’t miss this offer to get your distressed clients the help they need by initiating a pre-approved price short sale today at BofA Equator.

Homeowners must participate in one of the pre-approved price short sale programs, such as HAFA (Home Affordable Foreclosure Alternatives).

Real Estate Market with CDPE brings current and up to date industry information on short sales, buy or rent, financial stability and more.

Duration : 0:1:51

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