Can I short sale my house because of a job transfer?
I live in Arizona, my husband is getting a job transfer out of state. We currently own our home and we have never been late on a payment. I’m guessing we are about $100k flipped in our home. What are our chances of our lender GMAC agreeing to a short sale because of a [...]
Will you invest in a short sale home?
We have found a house in the City of Maricopa, Arizona for sale. Its listed on a short sale at 145k and the real market value is about 165k. My husband and I have filed bankruptcy and are unable to purchase a home of our own. We had to file bankruptcy due to job layoffs, [...]
Short sale in Arizona question…?
I am feeling extremely frustrated with short sales in Arizona. I have a bid on a gorgeous home right now and it’s been on the market for 96 days now! I put my bid in almost 3 months ago. I have the highest bid and I’m just wanting it to close so [...]
What Are Real Estate Short Sales?
In many parts of the country, home prices doubled during the period from 2000 to 2005. During this same time, creative financing programs (e.g. zero down payment, adjustable rate loans, interest only loans, option ARMs loans, negative amortization loans, etc.) gained popularity and helped some people buy homes who would not normally qualify based on [...]
Is there any tax return if I pay back taxes on a short sale of a home?
I’m in the process of purchasing a new home in Tucson, Arizona, and there are $5000 in back taxes that the seller owes. It’s possible that I might be stuck with paying the back taxes on this property.
Are there any related tax returns/rebates that I might be able to look into for paying someone [...]