The borrower would then have an obligation to make payments or the mortgagee could file for relief.

What Lloyd's of London has done, they've come in and said FEMA, your rates don't make sense.Read more: http://www.abcactionnews.com/dpp/news/region_tampa/tampa-bay-homeowners-may-soon-feel-relief-from-high-flood-insurance-prices#ixzz2lPIgy8XY

A fee paid in advance is not allowed and a fee paid post relief can also be deemed illegal.

At least living in Tennessee, I get a little state tax relief :)Thank you Rich for your advice.

What a relief that you're finally under contract!

So in the + column, it's just a little bit of equity build up and some tax relief with depreciation.

The recent price gains gave many upside-down homeowners some relief, but some are still holding on to those upside down properties.

He did say I can use gifted funds, which is a relief because the deal will fall through otherwise.My main question is this: why does the FHA require reserves on 3 & 4 unit properties if they've already approved me, based on income, for PITI that I can afford on my own?

I've heard that this Act is set to expire at the end of the year. The Act allows people who are foreclosed on or who do a short sale to not have to pay taxes on the forgiven debt. If this Act does in fact expire, t...

I am buying a property,by looking at the prelim report, it has a trust showing both mother's name "A" ( pass away) and daughter "B" is selling the property short sale to me. on the #2. of the title report, it says "Title To Said Estate At The Date Hereof Is Vested In: "A"(the mother) and "B" (the daughter), as Co-Trustees ( or the successor Trustee) of the "A" 2006 Trust, dated May 24, 2006 subject to processdings pending in the bankruptcy court where a petition for relief was filed In June 12, 2013 ."