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Pros and Cons of Selling To An Investor

9/19/2014

I published this article on my blog a while back,  for those needing to sell it’s worth reading.  One of the CONS mentioned is the risk of being taken by a scam artist.  See the article and my comments below.

Jan Weston

Forbes magazine has an interesting article with the above title: It goes into the pros and cons of selling […]

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Distressed sales unchanged in Fresno, Tulare counties ….What to do?

8/22/14

The Business Journal posted an article summarizing the condition of the housing market for distressed properties; those sold at a short sale, foreclosure, and bank owned properties.  For June, in Fresno County 17% of all properties were sold as “distressed”  in June 2014. The state wide amount for California stood at 9.7%.

Historically, and I believe it holds true now, […]

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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 […]

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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 |April 8th, 2024|foreclosure, real estate, short sale|Comments Off on Distressed Sales For Fresno County|