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Kris Lindahl Male Minneapolis, MN United States: Share; Share on Twitter; Share on Facebook

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EMC

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Citi

189 members

ING Direct Orange Mortga…

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Kris Lindahl's Page

Latest Activity

Kris Lindahl commented on Wendy Rulnick's group 'Aurora Loan Services'

I have one listed right now in the same situation. They claim they will still do the short sale. I will go through the process and see what happens. Why would Aurora require it to be on the market for 90 days? Stay Tuned!

August 1

Kris Lindahl commented on Wendy Rulnick's group 'EMC'

They work. Just can't get an answer in the short sale dept!

April 26

Kris Lindahl commented on Wendy Rulnick's group 'EMC'

I have been trying to get through to EMC since I listed the property. I have had my assistant wait as long as 6 hours without an answer. She calls everyday and has yet to get someone to answer. Does anyone have an alternative phone number that might…

April 26

Kris Lindahl commented on Wendy Rulnick's group 'EMC'

What are the best telephone and fax numbers for EMC?

April 13

Kris Lindahl joined Wendy Rulnick's group

EMC

Tips, pointers, references, stories and discussions about EMC.

April 13

Kris Lindahl joined Wendy Rulnick's group

Citi

All things Citi... short sale help here!

February 19

Kris Lindahl replied to Kylee Roe's discussion 'GMAC SECOND %?' in the group GMAC

Kylee, How did it workout? I have the same situation going on right now.

February 9

confides left a comment for Kris Lindahl

February 4

Steele V. Propp replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

Yes, these are the two methods of tax forgiveness. The Act itself and insolvency. One thing to note for the future is the increasing number of "walk aways". These are people who can afford the mortgage but choose not to pay because the value has go…

January 28

Kris Lindahl replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

http://www.irs.gov/individuals/article/0,,id=179414,00.html

January 28

Kris Lindahl replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

They can but most likely when some one is going through a short sale they are insolvent.

January 28

Ryan Gerding replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

Cancellation of debt is a federal tax issue, so I don't believe it varies from state to state. State taxes, however, is a different story. Ryan Gerding

January 28

Steele V. Propp replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

I believe that they can 1099 your primary residence. Just that the Tax Forgiveness Act covers this situation and negate the taxes. Do you have somthing from the state statutes that says different?

January 28

Kris Lindahl replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

Foreclosure by advertisement is about 95% of foreclosures in Minnesota. You are correct in that they cannot come after the seller for the deficiency on the first if it is a foreclosure. The reason they cannot is because they are taking the property…

January 28

Mary Wilcox replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

would the lender foreclose juducially or through trustee? Makes a difference on how the debt is handled. Ryan could you tell me the difference in the way it is handled? Judicial vs non? I work in MO & KS and they are KS is judicial and MO is non-ju…

January 28

Steele V. Propp replied to Kris Lindahl's discussion 'BOA Accepts Short Sale but with collectable balances verbiage in the letters' in the group Bank of America Short Sales

Minnesota is largely a non-deficiency state so correct me if I am reading this wrong but it doesn't matte what the first mortgage approval letter says. If it was a purchase money loan on a primary residence they can't collect. They will just have to…

January 27

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Kris

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Lindahl

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Blaine

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