Bankruptcy
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Bank Repos - REO
Foreclosure Notices, Notices Of Default, Trustee Sales, Help For Homeowners
Facing Foreclosure? Here are some honest answers for homeowners going through tough situations… Will the bank foreclose if you don’t do anything? Yes, they will. We have seen an increase in the number of foreclosures this year. Banks that used to delay are now moving forward with Read more…
Bank Repos - REO
Fewer Bank Repos Available… Why?
Fewer Bank Repos Available… Why? In February 2017, according to the statistics provided by Equator.com, an authority on real estate statistics, there were only 3 closed bank repos last month. Where have all the foreclosures gone? Here are a three reasons I believe there are fewer bank repos for sale. Read more…
Homes For Sale
Great News for 2013 Short Sale Sellers
SHORT SALES NOT SUBJECT TO STATE OR FEDERAL INCOME TAX FOR CANCELLATION OF DEBT Short sales in California are generally not subject to state or federal income tax for cancellation of debt. The Franchise Tax Board (FTB) issued a letter yesterday stating that, as nonrecourse obligations, short sales in California Read more…
Bank Repos - REO
Foreclosures Way Way Way Down! Are Bank Repos a Thing of the Past in Orange County?
Foreclosures Way Way Way Down! Are Bank Repos a Thing of the Past? Take a look at the latest Foreclosure Radar report from (www.foreclosureradar.com) and you will see that the number of foreclosures notices filed in Orange County is down nearly 51% from a year ago! DOWN FIFTY ONE PERCENT!!! Read more…