help asked:


How do you get the foreclosure off of your credit report?

Bessie

ceeze07 asked:


I have been trying to find out what happens when letting an investment property go. Is it the same as a normal foreclosure or short sale, where you get taxed on the difference? Or is there some other route this takes. Just a question not my situation!

Hugh

OscarRoscar asked:


I am facing a foreclosure on my house and keep getting tons of offers to help me in the mail.

Ewa

sdmike asked:


If you get $50,000 of debt relief from a short sale (lender accepts $20k on a $70k note) is there a tax implication? How is that different from just forfitting the property through foreclosure?

Please don’t answer if you are just guessing - I can do that on my own

Wayne

astronutz1 asked:


I’ve just read an article that even after foreclosure the loan company can still sue you for non payment even if you lost the house. Plus the IRS can tax you on the difference if the loan happens to be a “recourse” loan. I’ve never heard of a recourse loan. And is it true about going after you for non payment

Ida

Amie A asked:


I live in a three unit condo. The second unit is vacant (the owners moved out 2 years ago) and the unit is in foreclosure. We (the condo association) needs to contact unit 2’s mortgage company for back payment of unpaid condo fees. How do I find out their mortgage company?

Lauri

Destiny’s child asked:


I know McCain owns seven homes and a private jet. The foreclosure rate is alarmingly high and economists expect it to get worse. Many middle income families are losing their homes. What are McCain’s plans to alleviate that problem? Does he have a plan? Better yet, can he even relate?

Ulrike

mackenzie asked:


If I can no longer afford to pay for my house and i am close to foreclosure what can I expect? What kind of repercussions can I expect, besides the obvious hit to my credit? Will I end up oweing anyone anything afterwards?

Les

grebcrystal asked:


Ok, I know of someone that 6 months ago there was going to a Foreclosure Sale on there house at a Sheriffs auction, well that auction was cancelled. Today there was supposed to be an auction and at the last minute it was cancelled. So how does someone get out of it? Both times it was a last minute thing. So how does someone get out of that? They must not have paid 1 payment on there house!

Luanne

vodad asked:


We are not far from foreclosure because he lost 30gs a year less than he made before. How long does a foreclosure to happen and when is the best time to file bankruptcy on that and the other bills we owe.Any help please.

Darwin