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  • The Mortgage Forgiveness Debt Relief Act and Debt Cancellation

    since this subject matter comes up quite often, i thought i would post the entire information on a thread. i do have a blog with the info leading to the sight, but it might be easier for people to see this on this type of format.

    also, as the subject matter has come up in referencing...
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  • First Mortgage Exempt From Deficiency Judgment After Short Sale Starting Jan 1, 2011

    December 13, 2010

    A common question from homeowners exploring bankruptcy options is whether to attempt a short sale instead of filing for bankruptcy. This is a difficult question to answer in general as there are a number of factors to consider and weigh based on the needs and...
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  • Confused33
    started a topic Short Sale confusion

    Short Sale confusion

    I bought a house in 5/2008 in my name alone and in Texas. Married my wife in 6/2008.

    We are closing on our short sale on 12/23 and the title company is saying that my wife has to sign due to community property laws.

    Wife is freaking out because she doesn't want the...
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  • HHM
    started a topic "Short" Sale Information.

    "Short" Sale Information.

    We frequently get questions regarding so called "short sales" of real estate. So I thought I would summarize some of the basic information.

    What is a short sale?

    A short sale occurs when a person with a mortgage attempts to sell their home, or any parcel of real...
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    Last edited by HHM; 02-22-2009, 11:11 AM.