BANK OF AMERICA TO FORGIVE 2ND MORTGAGES
Posted by admin on Oct 5, 2012 in Blog | Comments Off on BANK OF AMERICA TO FORGIVE 2ND MORTGAGES
Borrowers with second liens owned and serviced by Bank of America ($9.60 0.19%) may qualify to get their subordinate debt extinguished entirely. The banking giant mailed 150,000 letters to pre-qualified homeowners who are eligible to have their Bank of America second-lien mortgages eliminated. The program was designed to ease...
Short sales must close by December 31, 2012 or sellers will have to pay taxes to IRS
Posted by admin on Sep 23, 2012 in Blog | Comments Off on Short sales must close by December 31, 2012 or sellers will have to pay taxes to IRS
Ladies and Gentlemen: As most of you may know, we handle short sales at no cost to the realtors or to the sellers. To that end, I would like to remind everybody that the Mortgage Debt Relief Act, which provides sellers with a tax exemption for short sales on primary residences, expires on December 31, 2012. This means that...
WANNA SEE WHAT A REAL CHASE BANK MODIFICATION LOOKS LIKE?
Posted by admin on Sep 15, 2012 in Blog | Comments Off on WANNA SEE WHAT A REAL CHASE BANK MODIFICATION LOOKS LIKE?
This is a genuine Modification from Chase Bank. Sent to me. So don’t believe the naysayers, they really do exist they really are out there. GOOD LUCK!!!!!!! Click on the picture
Will the end of summer mean the end of Miami Real Estate
Posted by admin on Sep 11, 2012 in Blog | Comments Off on Will the end of summer mean the end of Miami Real Estate
The end of summer typically signals a slowdown in real estate markets, will Miami’s market, which has led the country in its skyrocketing real estate recovery finally level off? In Miami, there are two real estate seasons, the traditional Spring to Summer and the later, Snowbird season from Fall to Spring. Basically in Miami,...
Bank of America Home owners if you missed homeowner event HELP IS STILL AVAILABLE
Posted by admin on Aug 10, 2012 in Blog | Comments Off on Bank of America Home owners if you missed homeowner event HELP IS STILL AVAILABLE
If you or someone you know has a Bank of America mortgage and missed the event and are facing hardship that’s affecting your mortgage payments,there are still ways to get help. In person: Make an appt to sit down for a face to face at one of the customer Assistance Centers. Visit bankofamerica.com/customercenters to find...
Existing-home sales drop, but prices rise
Posted by admin on Jul 19, 2012 in Blog | Comments Off on Existing-home sales drop, but prices rise
Home resales fell in June but the median sales price was higher than a year earlier as fewer people sold their homes under distressed conditions, giving mixed signals for the country’s nascent housing market recovery. The National Association of Realtors said on Thursday that existing home sales slipped 5.4 percent to an...
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