Foreclosures & Short Sales

When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters

We are back to the point about buying a Los Angeles home for a bargain.  You generally get what you pay for. If you are thinking of buying a home at a foreclosure auction then beware of unknown matters that could pop up, as you will  probably not be offered title insurance on the property.  In …

When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters Read More »

Short Selling your Los Angeles Home – Will I Have to Pay Taxes on Debt Forgiveness?

What is a short sale? If you are having a hard time paying your mortgage and owe more than the property is worth, then you may consider short selling your Los Angeles home.  What this means is that you would list the house at market price and work with prospective buyers until your come to …

Short Selling your Los Angeles Home – Will I Have to Pay Taxes on Debt Forgiveness? Read More »

A Los Angeles Foreclosure Alternative – Deed in Lieu

We often talk about different short sale incentive programs—HAFA, TAP, Bank of America Cooperative. Some of these programs also offer options and incentives for borrowers who are considering a deed-in-lieu of foreclosure. I do not write about deed-in-lieu very much, but thought it an appropriate topic since I have gotten a few calls and emails …

A Los Angeles Foreclosure Alternative – Deed in Lieu Read More »

Scroll to Top