June 2009

You are browsing the archive for June 2009.

Landlord’s Tax Deductions

Each year, scores of property managers and landlords suffer from paying high taxes than they normally do. Taxes are dependent to each landlord’s income based on the actual income of the property. But taking account of this situation, what can a landlord do to ease the pain of paying sky-high taxes every year.
What usually the landlords’ [...]

Process of Foreclosure

Process of Foreclosure

The process of foreclosure differs by each state, here are the general steps of foreclosure. If you are faced ith foreclosure, it’s important that you research your state’s laws and practices.
Foreclosure proceedings can begin after a single missed payment, but its not likely. Most banks and lenders have a grace period for late payments, usually with [...]

Nice Tan

Nice Tan

Fake and bake or spray tan? He will probably loose that tan in jail. Its about time the Angelo Mozilo gets accused of something, with all the money he made and misleading investors down to the last days of Countrywide.
Today the U.S. government has accused Angelo Mozilo and two other former executives of the fallen mortgage [...]

Foreclosure Scams

Homeowners facing foreclosure should be aware of unscrupulous lenders and scammers. Don’t get me wrong, most lenders and agencies are reputable and legit. However some lenders, commonly second mortgage issuers will use unethical practices that increase the risk of nonpayment by the borrower. These tactics may include lending a large amount in hopes that the [...]

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