More Foreclosure Relief? Depends on what Schwarzenegger has for Breakfast.
August 20, 2010 by Michael · Leave a Comment
Additional Anti-Deficiency Protection is Almost Here! On Thursday, August 19, the California Senate approved SB1178. This bill extends anti-deficiency protections to homeowners who refinanced their mortgages, but didn’t take any cash out, and are now facing foreclosure. Ok, in plain english: Most people don’t realize, that when they’ve refinanced their existing mortgage to get a [...]
Foreclosure Auction – Take 2
May 28, 2010 by Michael Koenig · Leave a Comment
Another eventful day at the Alameda County courthouse in Oakland, CA!
Tax Break for California Short Sales and Foreclosures Approved!
April 9, 2010 by Michael Koenig · Leave a Comment
This is BIG news for Californian’s who plan on doing a Short Sale or are forced into foreclosure. The bill, SB401, waives state taxes on mortgage debt that has been forgiven in a foreclosure or short sale. Unlike a similar bill that was vetoed earlier this year, Governor Schwarzenegger said he would sign this bill. [...]
