Jan Weston

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So far wbhfresno has created 34 entries.

Tax relief for borrowers with canceled or forgiven mortgage debt for 2013

7/28/14

The state of California recently passed Assembly Bill 1393 that says there are no state tax consequences if you have a home where the debt was cancelled or forgiven by the lender due to a principal reduction from a loan modification.  Say for example you renegotiated the loan on your house and the lender reduced your principle balance by […]

By |January 7th, 2019|Uncategorized|Comments Off on Tax relief for borrowers with canceled or forgiven mortgage debt for 2013|

Distressed Sales For Fresno County

11-6-2013

A lot of our business comes from parties who have a need to sell there house quickly.   These include those who owe more on their home than they’re worth, some who are being foreclosed upon, and others who have a home needing many repairs.  Because we have cash to buy and the ability to purchase quickly, buyers come to […]

By |January 7th, 2019|foreclosure, real estate, short sale|Comments Off on Distressed Sales For Fresno County|

Distress sales in Fresno County amount to 17% of all sales.

7/23/14

The Business Journal, a central valley news organization, reports amongst other things that distressed sales

of homes in Fresno County amount to 17% of all sales for the month of June, about the same as May.  However,

that’s much better than a year ago, 36% of all sales were distressed sales.

 

The Fresno County market continues to get better, albeit slowly.  There […]

By |January 6th, 2019|Uncategorized|Comments Off on Distress sales in Fresno County amount to 17% of all sales.|

Fannie Mae: Housing ‘remains a source of concern’

6/25/14

Fannie Mae, an abbreviated name for the Federal National Mortgage Association, and a huge mortgage purchaser in

the housing industry expects housing sales and prices to cool down this year.  Existing home sales fell

in the 1st quarter and rose in April and May, 2014.  They are expecting existing home sales to be down

by 2.4% for all of 2014 and new […]

By |January 6th, 2019|Uncategorized|Comments Off on Fannie Mae: Housing ‘remains a source of concern’|