Chapter 7 Bankruptcy Still Affects Credit History After Seven Years
Chapter 7 bankruptcy still affects a buyer's credit history even after seven years from the date the bankruptcy was filed.
$8,000 First Time Home Buyer Tax Credit To Be Extended and Expanded
First time home buyers and others can celebrate soon. There's movement to extend and expand the first time home buyer tax credit. But wait, there's more. The new and improved home buyer's tax credit will be expanded to include higher income earners and existing home owners. The fragile real estate may have hit a jackpot as the expanded and improved tax credit was surely supported by the real estate industry and residential mortgage brokers. It's the new and improved home buyer tax credit.
Short Sale And A Full Price Offer
If you receive a full price offer for the sale of your home, can the lender still consider the sale a short sale? What if the full price offer covers all expenses and covers the entire amount owed to the lender, would the sale still be a short sale?
This reader questions why a lender might under all circumstances consider a full price offer as a short sale no matter what.
Winterize Your Home And Get A Tax Credit
Winterize Your Home And Get a Tax Credit. The IRS has advised taxpayers that the Expanded Recovery Act Tax Credit will help homeowners winterize their homes so they can save energy and save money at the same time. But the IRS cautions homeowners to check the tax credit certification before they buy winterizing tools.
$8,000 Tax Credit Extension and Expansion Details
$8,000 tax credit extension and expansion details as of October 29, 2009. Here are the details of the proposed amendment to extend and expand the $8,000 first-time home buyer tax credit.
$8,000 Tax Credit: Administration Calls on Congress To Pass $8,000 Tax Credit And Other Pro-Housing Measures
$8,000 Tax Credit: Administration Calls on Congress To Pass $8,000 Tax Credit And Other Pro-Housing Measures. The White House supports three pro-housing measures including the extension and expansion of the $8,000 tax credit, continuing an expansion of the loan limits, and support for the Housing Trust Fund. These pro-housing measures were announced by Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan at a press conference Thursday morning.
Ilyce Glink Show on WSB Radio — Oct. 25, 2009
Today on the Ilyce Glink Show, Ilyce rehashes the How to Profit from Foreclosure event in Atlanta yesterday, and gives tips from the experts like how to build your investing team and make sure your team can work well together. If you missed the event, visit the Think Glink Store for the eBooks the the best advice from the experts and the podcast of the full event. Ilyce also took questions from callers and gave advice to a recent widow who is wondering how to sell her home as a FSBO. Another caller wants to know how to set up a partnership agreement between unmarried partners, and another caller wonders how the $8,000 tax credit will affect her decision to move back into her rental property.
Taylor Bean and Whitaker Trouble: Continued Mortgage Bankruptcy Hearing Update
Mortgage borrowers are scrambling for answers as their funds have been frozen; What do you do if you receive letters from two different mortgage servicing companies claiming that each one of them is going to service your Taylor Bean and Whitaker loan? We've received an update and past court documents from the United States Bankruptcy court detailing Taylor, Bean Whitaker trouble.
Ilyce Glink on the Herman Cain Show – October 21, 2009
Today Ilyce Glink guest hosted the Herman Cain Show on WSB Radio. She discussed the latest economic news and took questions from caller. Craig called to say he's a small business owner who has lost 35 percent of his business and laid off 7 of 15 workers. He's disgusted by the laws being enacted, and all of the new taxes. Henry called to say he has a problem with the whole idea that we're just walking all over the contract process. Ilyce said that in bankruptcy court, a judge could gut the contract and it's hard to argue these companies (like AIG) aren't bankrupt - still. Listen to the podcast here for more caller responses and check out Ilyce's blog.
Hermain Cain Show Notes – October 21, 2009
Herman Cain Show Notes - October 21, 2009 Ilyce fills in for Herman Cain tonight. She offered listeners a 25% discount off of tickets to the HOW TO PROFIT FROM FORECLOSURES EVENT.