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New Jersey has been slow to adopt red light cameras and is waiting on legislative action to do so Half of All States Use Red Light Cameras Today, nearly half of all states use automated equipment to e
Short Sales can be a long term enterprise but for most sellers and buyers the wait is worth the effort in debt forgiveness for the seller and equity for the buyer. The Waiting is the Hardest Part! Wel
Short Sales can be a long term enterprise but for most sellers and buyers the wait is worth the effort in debt forgiveness for the seller and equity for the buyer. The Waiting is the Hardes Part! Well
People who short sell their primary residence in 2016 and 2017 will not have to pay income tax related to this transaction. How the Sausage is Made The rise of short sale transactions has brought a po
Renters and Short Sales I recently received a call from a real estate agent who was working on a short sale and frantically explained that the seller forgot to tell her there was a renter in the house. She found herself with 30 days to close the deal and the renter had a leas...
What is a Deed in Lieu and what do I need to do to be considered for this type of foreclosure relief?
Will I owe taxes to the IRS if I do a Short Sale? You will likely get a 1099 for the transaction but there is an exemption for homeowners who sell their principle residence - until the end of 2013.
What is a short sale? What are some of the implications of a short sale?
What is a Short Sale? A short sale is a term used to describe a transaction in Real Estate when a lender or lenders accept a lower payoff amount than what is owed on a property, in order to avoid a costly foreclosure procedure and further loss. Short sales are frequently the be...
One of the most important questions I get from prospective short sellers is, How long until we can purchase a house again? As lawyers are prone to answer questions, It depends. Below is a rough outline of the most common scenarios regarding getting back into the home ownership g...