13 May 2008 | 7 replies
Also, if you can demonstrate that the value is less as a direct result of their actions, I would think you could recover your half of that loss as well.I would recommend doing as much research as possible because you are basically on your own.
24 June 2008 | 4 replies
However, you may be able to do a loss mitigation work-out plan within the bankruptcy.
14 May 2008 | 11 replies
You seem to be making a lot of the same mistakes that all of us make/made when starting out.This is a nice townhouse, which only breaks even, but the community is VERY nice.I don't care how "nice" a community is, a loss is a loss, and "break even" is a loss.
14 May 2008 | 2 replies
I'm looking for anyone who has information about how to be able to contact these loss mitigators who assign the listings.
15 May 2008 | 0 replies
Two days ago, though, they had reported significant losses of earnings due to rising costs in price.
16 May 2008 | 5 replies
You would owe capital gains tax on that.One of the items you're missing is depreciation.
16 May 2008 | 2 replies
. $70 monthly (IO) so as long as you can get $70 more for the larger of the two, you will be fine.Also, the larger house needs less repairs according to your figures and is newer (better resale value down the road & possible less capital expenses).In the end, it is a personal decision you must decide and above are only my observations.
11 September 2008 | 1 reply
--- I have been closing for ten years and heavily involved in REO, Foreclosure, and Loss Mitigation for five years....
26 May 2008 | 11 replies
Question there is most of the distressed properties are they not over mortgaged from all the refi's in past years and the average loss of value of approx 20-40%.So the question is what is the answer..