RECENT BLOG POSTS
H.R. 3648 - Mortgage Forgiveness Debt Relief Act of 2007, The bill gives a tax break to homeowners who have mortgage debt forgiven as part of a foreclosure or renegotiation of a loan. No taxes would be owed on the value of any debt forgiven or written off. Currently such debt forgiveness is taxa...
The benefits of buying foreclosed homes are about to get even better thanks to the $15 billion Foreclosure Prevention Act of 2008.Homebuyers and investors can soon take advantage of a $7,000 one-year tax credit with the purchase of foreclosure properties if the legislation is passed.That's a huge...
WHY BUY BANK OWNED????????
WPRO 630AM / 99.7FM RADIO INTERVIEW!
I just closed a deal that would not have been possible if it were not this great new program its called the NEHEMIAH Program http://www.nehemiahcorp.org/ and when other Lenders failed to deliver Superstar Mike Nadeau once again delivered and got it done. I don't usual plug lenders, but this one d...
Brokers Are Doing Great Things Around the Region! Brokers Thinking Outside the BoxA loud Shout Out goes out to Denis DaSilva, the Broker/Manager of RE/MAX Total in Dartmouth, MA. Denis really turned a negative situation into a positive by putting a new spin on your typical bus tour - by escortin...
If you are interested in buying foreclosures, consider first pre-foreclosures. They present all the rewards and none of the risks. My advice, hire a Realtor that will represent you as a buyers agent (Mostly Buyer Agents do not charge you for services, the fee’s are passed along to the seller). B...
Is there a right of redemption in Rhode Island?Generally No. In a non-judicial foreclosure Rhode Island has no post sale general statutory right of redemption, which allows a party whose property has been foreclosed to reclaim that property by making payment in full of the sum of the unpaid loan ...