Sandy Wagner's Blog

 The Mortgage Forgiveness Tax Relief Act extension, that eliminated forgiveness of debt tax for most homeowners, and had actually previously expired on December 31, 2013, was passed by Congress right before Christmas 2015; signed by the President, and has now become law.   This positively affects...

What is a short sale?Selling a home for less than the amount the current owner owes the mortgage company is called a short sale.Buying a home that is a short sale is different from buying a property that is actually owned by the bank, known as an REO, or real-estate owned property, or a property ...

If you want to get the biggest bang for your remodeling buck, replace the entry door to steel, according to the 2014 Cost vs. Value Report, produced by Remodeling Magazine in conjunction with REALTOR® Magazine. The entry door may cost about $1,162 but home owners could potentially recoup 96.6 pe...

This link is to an article published in the RE/MAX Above Magazine that explains a little of what I do and why.  http://abovemag.remax.com/above-extra-shortsales/ Sandy Wagner Short Sale Specialist in Tacoma, WA and Gig Harbor, WA Helping people find a way out of foreclosure 253.225.8322   www.sa...

 SHORT SALE SPECIALIST IN TACOMA AND GIG HARBOR and PIERCE COUNTY WASHINGTON Through my experience handling distressed properties in Pierce County, Washington, I've found that homeowners today have more questions than answers about their circumstances. I specialize in Tacoma, Gig Harbor, Spanaway...

What is foreclosure? Foreclosure results from non-payment of a mortgage and is the final step in a delinquency proceeding. Far too often, homeowners don’t reach out for help before letting this happen. The unfortunate fact is that there’s a lot more to foreclosure than losing your home. Foreclos...

  For homeowners, the last 5 or 6 years has been a pretty chaotic time. First came the peak of the housing bubble, followed by its inevitable crash. Millions of homeowners found themselves under the threat of foreclosure while others, who might otherwise have sold their homes during a healthier ...

When the housing market crashed in 2008, millions of homeowners suddenly found themselves in danger of losing their homes to foreclosure. To help these homeowners, in 2009 the U.S. Treasury launched the Making Home Affordable (MHA) program, which is comprised of several subprograms designed to h...

As part of tax bill H.R. 8, which addressed the so called “fiscal cliff,” On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act of 2007. For distressed homeowners, the extension of this act comes as welcome news, as it means foreclosure alternatives, such a...

BOA is sending out letters to borrowers forgiving the 2nd mortgage. However, one of my sellers received this forgiveness letter on a HELOC. I am pasting the announcement from BOA saying these were mailed out starting July 2012, but I am told 150,000 were mailed this week and I have had two short...