Tag Archive | "Second"

Going Through Foreclosure Here In California. Have A First Mortgage And Equity Line Second.?

Tuesday, November 3, 2009

1 Comment

What are my tax implications going through this foreclosure? Also am I going to have to pay back the bank for the loss they will incur when they sell the property?

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In California, After Foreclosure, Are You Still Responsible For Your Second Mortgage?

Tuesday, October 27, 2009

3 Comments

What kinda of recourse do the lenders have? Is it different between the first and second mortgage?

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Can I Writeoff The Mortgage Interest Payment For Tax Purpose For My Second Home(rental Property) In California

Friday, October 23, 2009

2 Comments

Can I write off the mortgage interest and the property taxes paid for my second property which is a rental property for tax benifits. Both the properties are located in california. I also own an investment property outside california. Can I also write off the interest payment for that property.

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Can I Use A Second Mortgage To Finance A New Mortgage In California?

Sunday, October 11, 2009

1 Comment

My husband and I are considering taking out a small second (approx $10,000) on our condo to pay the 3% downpayment required for a second home. We plan on using the FHA loan. Are we able to do this? We live in California, and lending rules are becoming very strict. Thank [...]

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