Lone Mountain Las Vegas Homes – 10645 Early Dawn Court, Las Vegas NV 89129

702-675-8211 http://MichaelsRealEstate.com/ | Lone Mountain Las Vegas Homes by Las Vegas Real Estate Agent, Tania Michaels $269,000 10645 Early Dawn Court, Las Vegas NV 89129 Color Brochure Panoramic Virtual Tour $269,000 1,965 square feet 3bd, 2ba, 2 car garage Sparkling … Continue reading

HAFA Short Sale Rules, Program Extended to Dec 31, 2013

HAFA Short Sale Guidelines Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update: HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program. Key enhancements … Continue reading

Bank of America Deficiency Judgement, New Policy on Second Mortgages

Bank of America announces changes to deficiency judgements on short sales with a second mortgage. As part of the settlement with the Department of Justice, Bank of America’s policy on pursuing deficiency judgments for second mortgages now includes a waiver … Continue reading

When does the Mortgage Forgiveness Debt Relief Act expire?

When does the Mortgage Forgiveness Debt Relief Act expire? A: The Mortgage Forgiveness Debt Relief Act Expires 12/31/2012 Download the free guide. Here’s another post I wrote on this topic: http://michaelsrealestate.com/short-sale-1099-and-the-mortgage-forgiveness-debt-relief-act/

Short Sale 1099 and the Mortgage Forgiveness Debt Relief Act

Do I get a 1099 if I do a short sale? A: Almost certainly, yes, you will get a 1099 if you complete a short sale. The Mortgage Forgiveness Debt Relief Act Expires 12/31/2012 In 2007, the Mortgage Debt Relief … Continue reading

Mortgage Principal Reduction Program may be on the way for Bank of America Borrowers

Via: Time Moneyland, May 9, 2012 Bank of America announced it has begun mailing letters to the first wave of up to 200,000 homeowners who are eligible for mortgage principal reductions, part of a settlement the bank worked out with … Continue reading

What is the new Obamacare Real Estate Tax and When does it take effect?

Q: What is the new Obamacare Real Estate Tax and When does it take effect? Answer: Obamacare 3.8% Real Estate Tax becomes effective January, 1, 2013.   Beginning January 1, 2013, a new 3.8 percent tax on some investment income … Continue reading