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?
Continue reading...Tuesday, October 27, 2009
What kinda of recourse do the lenders have? Is it different between the first and second mortgage?
Continue reading...Friday, October 23, 2009
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.
Continue reading...Sunday, October 11, 2009
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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Tuesday, November 3, 2009
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