I have a distressed homeowner who is interested in selling his home to me as a shortsale. He is way upside down on his mortgage and has experienced financial hardship. (Lost job.) Yet he does not live in the residence...

Just saw this pop up this morning on Housing Wire. Mixed bag of news on the credit front.Here are the quick hits:- Second month decline in total percent of all credit account in "financial hardship"- Increase in 30 da...

I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...

Hello.  I recently had to face health issues in the family which caused my debts to mount.  To offset this,  I wanted to sell my rental property in Encino, ca.  I received a couple of offers.  But then the broker call...

I purchased a vacant property and planned to develop a certain number of units that requires a variance. However, the language in the Baltimore City Zoning Code says the following:In order to grant a variance, the cas...

I’m still learning the layout here so my apologies if this is in the wrong forum. My question pertains to a 401k hardship withdrawal. I’m aware of the 10% penalty and income tax ramifications and that it is generally ...

With the US economy reopening and eviction bans still in place, how have you adjusted your management approach to reduce the risk of tenants not paying rent? Although the economy is "reopening", it seems like there is...

Hello All,

exec order 128 nj signed by phil murphy allows tenants to use security deposit as rent. The order makes a vague reference that it was created to prevent financial hardship from covid. However, the order ...

Hi, I had a short sale approved thru Wells and the seller is current on mtg but showed a financial and medical hardship. The home is a second home, condo- not primary residence. We had a agreed upon selling price a...

Hi all,

I looked throughout this forum for an answer but did not find one.

An associate of my has an investment property he desperately wants to sell. The property is comp'd at about $125K but he owes about $180K....