How do I buy a small piece of a property that is in foreclosure?
Roy M asked: My next door neighbor just moved amid a foreclosure. The property line sits close enough that I only have enough room for a one-car driveway. To expand it enough to fit two, I’d need a couple feet from his property. How could I go about purchasing that land? Are banks willing to [...]
What is the effects of letting an investment property go into foreclosure?
ceeze07 asked: I have been trying to find out what happens when letting an investment property go. Is it the same as a normal foreclosure or short sale, where you get taxed on the difference? Or is there some other route this takes. Just a question not my situation!
What are the IRS tax implications of a short sale and a foreclosure?
sdmike asked: If you get $50,000 of debt relief from a short sale (lender accepts $20k on a $70k note) is there a tax implication? How is that different from just forfitting the property through foreclosure? Please don’t answer if you are just guessing – I can do that on my own ;-)
What are the negative effects be of a foreclosure?
Matt P asked: I own two homes. Current on both. One is an “upside down” mortgage. My credit is above 800 right now. What would the negative effects be if I let the on property go into foreclosure?
How can I get rid of timeshare property fast? Is the foreclosure damage the same as on a house?
Mikey4u asked: I’m in danger of going into foreclosure on some timeshare property in Florida. Will the credit damage be just as bad as losing a house?
The Right Approach to Stop Foreclosure
Bob Hamilton asked: A Foreclosure is an attempt by the lender to seize the property of the mortgagee in default to his payments. The reason could be your financial shortfall that will force you to face foreclosure. It is a true fact that when people face foreclosure, many of the companies claiming to assist them [...]
Foreclosure Home: Are Distressed Properties A Profitable Real Estate Investment?
Simon Volkov asked: A foreclosure home can be a profitable real estate investment. However, it is important to understand the pros and cons of this type of investment venture before plunking down your hard earned cash. While you might be fortunate enough to locate a foreclosure home in perfect condition, chances are you will need [...]
The 4 Stages of Finding Foreclosure Properties
Heather Seitz asked: Every time you turn around, the word “foreclosure” is all over the news! So, if you’re a homebuyer looking to buy a foreclosure property or an investor wanting to learn how to invest in foreclosure property, then you’re timing couldn’t be better!There is a lot out there on foreclosures; from how to [...]
Foreclosure Services – Stop your Foreclosure
lazyurl asked: People around the world are getting more service oriented and the service sector is going through a period of high demand. The demand for specialized services is on an all time high especially in the currently rising sectors like real estate, petroleum, fast moving consuming goods etc. One such important line of business [...]