For Huntington Beach Homeowners in danger of losing their home, walking away might seem like an attractive solution. Many distressed homeowners have been getting bad advice when it comes to Strategic Default. It has become fashionable for some so-called experts to recommend defaulting on your mortgage as a method of dealing with pending foreclosure, but…
Category Archives: Sellers
Huntington Beach Homeowners: Strategic Default Is Not the Best Option
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Some Great News for Huntington Beach,and Fountain Valley Homeowners with Underwater Mortgages!
URGENT!! Great New for Homeowners with Underwater Mortgages! If you are a homeowner in Huntington Beach, Fountain Valley, or anywhere in Orange County, and unable to keep up with your mortgage payments… I have some great news for you In the last few months, Banks are offering cash incentives to homeowners who are…
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Huntington Beach Man Avoids Foreclosure and Walks Away with $33,000 Cash
After spending over 2 years of being upside down on his mortgage, unable to make payments on his loan, and after multiple frustrating attempts at loan modification, something very interesting happened. Shortly after calling us, we met and discussed all of his options, including how we might best help him avoid foreclosure and help him…
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The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
The Mortgage Debt Relief Act of 2007 generally allows Huntington Beach and Fountain Valley taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief. This provision applies to debt forgiven in calendar…