Sell My House Fast

    Translate to:

Visit Hybrid Loan Conversion To Learn More
Foreclosure Forum

*will Give 10 Points!!!* Tax Question Please Help!?

I received 2 1099-C’s for debt settlements (personal loan & credit card) total of approx. $16,000. It looks like filing a Form 982 for insolvency would give me about $2,500 more in refund. How complicated is it to file for insolvency? Do I need an attorney? Is it more involved than just filing the Form? I am trying to decide if it’s worth it. I always do my own taxes except if I file for insolvency I would have to pay someone to do the taxes. Any help would be appreciated.
Thanks so much ^_^

Foreclosure Forum

How Does A Bidding On A Bank Foreclosure Work?

You show up at a foreclosure sale with a certified check as required in the notice (usually $5,000 or $10,000), if you want to bid. You can attend any advertised foreclosure auction if you just want to see how it works. If you want to buy, you should try to check out the house beforehand, since most auctioned properties have been neglected, often for years. Needless to say, the owners will not be helpful nor willing to let you in.
A few minutes before the scheduled time for the auction, a lawyer and/or auctioneer will show up. The auctioneer will open the proceedings with a review of the rules and the procedure. The lawyer or other agent will bid for the mortgage holder. There may be other bidders, although often not. Many auctions are called off because the owners were able to reach an arrangement or file for bankruptcy.

Foreclosure Forum

In Real Estate Please Describe The Term ‘a Short Sale’?

A short sale means that someone is selling a property for less than it is worth or is owed to them.
Normally, a bank will consider short selling a foreclosed property in order to get rid of it and to limit their losses. They will sell it for less than is owed on the property or less than the market value.

Foreclosure Forum

Help! My Credit Is A Mess! Three Of My Credit Cards Have Gone To Collection Agencies?

I just gradtuated college and only make 770.00 every two weeks (26,000 a year) entry level plus I pay for rent utlites and grocries I’m trying to find a better paying job how do I get out of this debt? I don’t have money even for the settlement payment that collection agencies want what do I do??? I refuse to claim bankruptcy that’ll make everything worse

Foreclosure Forum

Does Doing A Cash For Keys On Your House Show On Your Credit As A Foreclosure?

A cash for keys is basically voluntering to move from property and waiving your right of redemption.

Foreclosure Forum

How Can I Settle My Credit Card Dispute From My Marriage?

My ex and I got a joint credit card shortly before we got married. We filed for a summary dissolution last year and at the time, the credit card balance was under the 6 grand that is the max amount of debt you can have together based on California law. In oru property

Continue reading How Can I Settle My Credit Card Dispute From My Marriage?

Foreclosure Forum

Should I Secure A Rental Before Filing Bankruptcy?

I am going to file for bankruptcy, and I will not be keeping my home. Should I secure a rental before my credit is shot? Will it affect my bankruptcy filing?

Foreclosure Forum

Does Anyone Know If It Is Hard To Get Approved Through Wamu When Buying A Foreclosure?

Trting to buy a bank owned home..and waiting to see if wamu now known as Chase is hard to get approval from on a FHA loan?

Foreclosure Forum

Approved Short Sale Question?

It was approved at $402,000 but fell out of escrow and back on the market. Now that market has gone down it’s priced at $380,000. And I just made an offer a week ago so how long does it take to hear an answer when chase is the lender?

Foreclosure Forum

Anyone Know Any Of These?? Hw Help Needed.?

13. When a corporation is sued for selling unsafe products and loses the suit and is held liable, who is liable for the debt of settlement?
a. the corporation as a legally defined entity
b. the managers of the corporation
c. the shareholders as joint owners
d. the shareholders owning 10 percent or more of

Continue reading Anyone Know Any Of These?? Hw Help Needed.?