Central Oregon Log Home Info Central Oregon has a lot of great log homes for sale. Log homes are thought to be priced higher than a standard frame built home. There are log homes in many price ranges. They are more expensive to build, and take a lot of time, precision, labor and attention to […]
Every single short sale, foreclosure or stressed out homeowner is a different story, with different endings but they all have a lot of similarities. Before making the decision to sell your home for less than you owe the bank (that is what a short sale is) you really need to gather some information from; attorneys, tax professionals, lenders and REALTORS®. There are a lot of consequences that come with a short sale or foreclosure, many of them you would not even dream about.
If you are living in the home at the time the Notice of Default is issued you may have some protection when it comes to deficiency, second mortgages and so on. However, one of the issues some people forget to ask about is the 1099C that is issued. The guidelines on the tax relief are totally different, so be certain you talk to your attorney about each of these issues, since they can impact you differently.
I have never used someone else’s work on my websites before. Today I ran across this great article about short sales and how frustrating it is to a buyer and agent when the listing agent does not knowwhat they are doing. After speaking withDebe, she gave me permission to use her article on this site. […]
Your Bank Owned List for La Pine Oregon this list shows the 13 homes correctly marked as bank owned homes. I am familiar with a few others that are on the market and are owned by banks that are not correctly marked, so they do not appear on the list.