I closed an Investor HAFA short sale May 2013 with OCWEN. It was approved HAFA because the seller is a retired Military Vet. The sellers just received a 1099 for $100k for the principal short amount. I thought 2013 had Tax relief for canceled mortgag
Read more…I have not been able to find anything about the status of this bill which was said to have been stalled in committee prior to the holiday break. Does anyone have a current status update?
Read more…Could January 1st, 2014 really be the end of it? Anyone have any insight? I looked on the status of the bill and it says only a 1% chance of getting passed. This is unsettling. Thoughts/comments/ect.
Read more…Hello short sale experts!
Wanting to get some opinions on the extension of the mortgage forgiveness debt relief act beyond 2013. Although we were able to avert the fiscal cliff last week, the large federal deficit calls for more budget battles ahead.
Read more…I have a short sale that is part of a bankruptcy that was settled a couple of years ago. Neither lien on the property was ever reaffirmed. I live in Washington State which is a community property state.
My first lien is being paid in full though whic
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