SHORT SALE AND FORECLOSURE BLOG

Heavy tax burden looms for those attempting short sale   DEAR BENNY: We live in California and own a second home within five miles of our primary residence. This second home has been used as a rental, initially to persons we were not connected with in any way. For the past 10 years, two different [...]

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For Sale: 7BR/6BA Multi-FSanta Monica in Santa Monica, CA, $1,295,000 1044 Grant St.   Santa Monica, CA 90405 Just Listed $1,295,000 – SHORT SALE! Triplex 3,754 Sq. Ft – Recently Updated Great Investment or Owner-Occupied Opportunity! Private, Beautifully updated, modern retreat in the Sunset Park area of Santa Monica. This Custom designed, 2 story triplex [...]

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Foreclosures fell month-over-month but are still up nearly 20% compared with a year ago. Plus, Las Vegas wasn’t the worst-hit city in November. By Les Christie, CNNMoney.com Last Updated: December 10, 2009: 7:18 AM ET NEW YORK (CNNMoney.com) — Foreclosure filings fell by 8% in November, making it the fourth consecutive month of improvement in [...]

Homeowners facing foreclosure often have the option of selecting a short sale or a deed-in-lieu of foreclosure as a possible solution to their financial difficulties. But are they? Which is the best choice? Like most alternatives, both have their upsides and their downsides. Understanding these options is the only way to make a truly informed [...]

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