Search / 17 posts tagged tax deed

This topic is a real bugaboo that seems to be attracting quite a bit of attention these days, what with foreclosures, short sales, bankruptcies and walk-aways in full bloom in the garden known as the mortgage meltdown. Unfortunately, there seems to be more misinformation and urban myth floating around than good professional advice.

The latest craze around these parts (San Francisco Bay Area)–at least with stressed out under-water homeowners and under-employed residential sales agents–is the \”short sale.\” A short sale is nothing more than a sale of a piece of real estate for less than the amount of the total debt secured by it.

The latest craze around these parts (San Francisco Bay Area)–at least with stressed out under-water homeowners and under-employed residential sales agents–is the “short sale.” A short sale is nothing more than a sale of a piece of real estate for less than the amount of the total debt secured by it.

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The recently passed American Housing Rescue and Foreclosure Prevention Act provided new laws and regulations aimed at stimulating the real estate market. This legislation also offers tools for many who had previously had only foreclosure and bankruptcy protection to turn towards.

With foreclosures skyrocketing, many people are looking for ways out of their mortgages. Deeds in lieu of foreclosure are often used to avoid foreclosure. They do avoid foreclosure. But do they really benefit you, the homeowner? In many cases, they can leave you and your credit worse off than filing for bankruptcy.

Taxes are no secret but the state, and counties have ways of raising taxes that are kind of hidden, at least hidden enough so that few people notice that they have just been hit with a tax. It works well for our lawmakers who vote for these tax increases too.

The Truth About Tax Sale Learn why it’s so difficult to get bargain properties at tax sales, and what you should do to get them! ¶ Posted 11 July 2008 † Rick Dawson § Buying ‡ Comments (0) ° Tagged: foreclosure, john beck, preforeclosure, Real Estate, tax deed, tax lien, tax sale

Why You Will Not Get Cheap Properties At Tax Sale Learn about buying property at tax sale auctions, and why there is a better way! ¶ Posted 06 July 2008 † Rick Dawson § Buying ‡ Comments (0) ° Tagged: foreclosure, john beck, preforeclosure, Real Estate, tax deed, tax lien, tax sale

Get Your Best Leads from Tax Sale Pre-Foreclosures Tax sale pre-foreclosures give you the best leads for finding and buying bargain properties. ¶ Posted 06 July 2008 † Rick Dawson § Buying ‡ Comments (0) ° Tagged: john beck, Mortgage, preforeclosure, Real Estate, tax deed, tax lien, tax sale