If you are a debtor and your creditor cancel or forgive that debt, the canceled debt may be taxable. For example You borrow $10,000 and default on the loan after paying back $2,000. If the lender is unable to collect the remaining debt from you, there is a cancellation of debt of $8,000, which ge
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03/24/2010
Everything you need to know about the $8,000 First-Time Homebuyer Tax Credit IT EXPIRES SOON!!! The American Recovery and Reinvestment Act of 2009 expanded the first-time homebuyer credit by increasing the credit amount to $8,000 for purchases made in 2009 prior to December 1st. At a glance: Appl
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07/28/2009
Buying foreclosure real estate in Atlanta or any other area is a unique process. You are best served by working with a seasoned foreclosure agent. Such an agent can be found at Century 21 Intown. These types of agents are experts at helping you get the best price from the financial institution or
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02/21/2009
For investors and homebuyers looking to purchase a bank-owned property there are a large number of bank-owned foreclosures on the market nationwide so, there has never been a better time to purchase bank own real estate. There are usually a few stages at which you can buy a foreclosure property.
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01/02/2009
WHAT IS A "HOME INSPECTION"? A home inspection is an objective visual examination of the physical structure and systems of a home, from the roof to the foundation. Having a home inspected is like giving it a physical checkup. If problems or symptoms are found, the inspector may recommend further
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12/29/2008
When asked what their top ten greatest achievements are, many people say owning their own home is number one. Homeownership represents the American dream to many. It signifies a leave of success, a level of financial security, and independence.For those starting out, however, the path to homeowne
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09/26/2008
Before you sign on the dotted line What Types Of Mortgages Does Your Lender Offer? Most mortgage company offer a wide array of loan options to fit various situations. Tow most common loan types are fixed-rate and adjustable-rate mortgages (ARMs). A fixed-rate mortgages interest rate and princip
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09/18/2008
HUD sells properties at reduced prices that you might want to buy!What is a "HUD Home"? When someone with a HUD insured mortgage can't meet the payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home। Then sell it at market value as quick
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09/13/2008
What's going on in the Real Estate Market today makes it a great time to buy. What we have now is definitely a buyer's market. With so many new and resale homes on the market and with interest rates still at historical lows, this is a great and opportune time for buyers to purchase the home of
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09/12/2008
Making home improvements not only creates beautiful upgrades to your home but can also increase its overall value. Using a Home Equity Line of Credit can be the smartest way to manage the expense associated with making home improvements. The following tips from industry experts offer some of the
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09/08/2008