Ted Cowan's (tcowan17) Blog

Every foreclosure situation is going to face either a 1099 or a Deficiency Judgment.  They are not the same –– you can’t have them both. About HR3648The first thing you need to know is that it only applies to qualified principle residences––meaning owner occupied. The second is that, “Acquisition...

Land trusts have long been the method of choice for conducting simultaneous closings on short sales.  In essence, they allow investor to buy and sell a property with no money out of pocket. As such, they have been promoted by real estate gurus for years as the perfect way for one to build their m...

As you process leads, keep an eye out for loans with the following companies and avoid them:  Popular Mortgage, Suntrust, ASC, CIT Group, Option 1 and OCWEN are all lenders that are extremely difficult to work. They are unorganized, understaffed and their employees are under trained. Many of thes...