Tax Liabilities on a Foreclosure Short Sale
by Nick Adama. When homeowners attempt to sell their house for less than the total amount they owe on it, certain tax liabilities may be triggered. This is one of the reasons that every foreclosure victim should carefully consider whether selling their house short...
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Buying Bank-Owned Foreclosure Real Estate
by Seb Frey. When a bank forecloses, they take ownership of the property, usually in order to resell it in hopes of earning back some of their money. Foreclosures happen because the owner couldn't make the mortgage payments and had to forfeit the property. Bad f...
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Proficient Buying Foreclosure Homes
by Tom Beaty. There is a lot of money to be made from investing in foreclosure homes. Selecting the correct house from the list of distress homes may give you a favorable profit. People frequently invest in real estate because of this reason. In order to do well,...
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Cleverly Flipping Foreclosure Homes
by Tom Beaty. Investing in foreclosure homes can make you a large amount of money. By selecting the right house from the list of distress homes, you can make a large profit. More and more people invest in real estate for this incentive. You should consider inv...
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Reasons to Avoid Foreclosure
by Terry Trexler. Let's assume for a moment that you are unable to make your mortgage payments. You become a defaulted owner. Now what? Well, typically, your lending institution will foreclose its mortgage. If this happens, not only will you lose your property when i...
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