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Results (2158)
Matt A Deficiency judgement after a short sale
30 May 2010 | 33 replies

Hello CTC,

I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...

Wes Burk Why should a seller short sale?
8 March 2010 | 29 replies

Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...

Alfred Bell Does anyone use a Checkbook IRA LLC?
29 January 2010 | 43 replies

I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...

Brian Osgood Short sale done, received letter from attorney
8 March 2010 | 22 replies

Hello all,

So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...

Brandon Schlichter Self Directed IRA into REI Corp?
27 December 2010 | 29 replies

Got off the phone with my investment advisor, i had emailed him about whether or not he knew how to invest in real estate with a self directed IRA. I hear about it relatively frequently, and have one person in my offi...

Calixto Urdiales Capitol Gains?
28 March 2024 | 34 replies

Hello everyone-

not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?

Also if someone pays taxs throug...

Steven M. ALWAYS PURCHASE YOUR MATERIALS YOURSELF or else!
19 June 2021 | 58 replies

Anyone, and I really mean anyone that is doing any form of construction/rehab, a word of warning: Always buy whatever materials (lumber, cabinets, flooring, sheetrock, plumbing, tile, sprinkler system, lighting, etc.,...