Posted by admin on November 7, 2009
A question that often comes up when contemplating a short sale is the matter of how forgiven debt is viewed by the IRS. Prior to the Mortgage Forgiveness Debt Relief Act of 2007 any forgiven debt was considered taxable as income. In most instances that is no longer true. Check out IRS page – Mortgage [...]
Categories: Solving Short Sales |
Tags: about short sales, how to short sale, Real living Redding, redding mortgage, redding real estate, redding short sale agent, redding short sale realtor, shasta county real estate, Short Sale Advice Redding |
No Comments »
Posted by admin on November 3, 2009
With CHF Access financing Homeownership may be just around the corner. The CHF Access program provides 99.5% fixed rate financing by blending a 96.5% FHA first mortgage with a 3% CHF Access second. This program is limited to a primary residence but is not limited to only first time buyers. Just .05% (1/2%) minimum down [...]
Categories: Financing News |
Tags: City of Redding First time buyer program, first-time homebuyer, Redding CFHA lender, redding down payment assistance, redding financing, Redding first time buyer, redding mortgage, redding real estate, shasta county real estate, shasta real estate |
No Comments »
Posted by admin on November 2, 2009
One of the very most important decisions first time buyers need to make prior to buying a home is financing. Because the cost of borrowing can vary quite a bit from one lender to another buyers should start shopping for a lender early in the buying process. You should interview several lenders before deciding. Insist [...]
Categories: Homebuyer Headlines |
Tags: first-time homebuyer, redding financing, Redding first time buyer, redding home loan, redding lender, redding mortgage, redding real estate, ReddingHomes, shasta county real estate, shasta real estate |
No Comments »