Posts Tagged ‘Secrets’

Make Millions with Foreclosures and Short Sales – Secrets on How to Profit from the Real Estate SubPrime Crisis

THE BEST-KEPT SECRET IN THE FORECLOSURE INDUSTRY IS NOW AVAILABLE IN THIS BOOK! This book is a step-by-step manual that teaches you how to profit from this current downturn in the real estate market. You begin by learning how to build a solid business model by putting together the right team. You will learn how to locate, negotiate with the owners and the banks and profit before these properties ever reach public auctions. Savvy real estate experts believe that the majority of the best deals are

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I recently got this question from a client of mine that was in this very situation.  House upside down with a loan to value difference close to $100k and wanted to avoid a foreclosure.  We got her house listed, and got a full priced buyer.  The bank approved the short sale (and a check to the seller at close as well BTW) and everything was set to go.  Then the question came up.  How will this affect my SSI payment?

No one I talked to knew this answer so I got on the phone with the good old US government and the nice people at the Social Security Department and guess what?  It turns out that a short sale has no affect on regular social security payment, HOWEVER, IT DOES AFFECT SSI.  As a matter of fact, in the year that the 1099-c is issued for the forgiven debt (even though there is no ACTUAL income and it is exempt from federal tax consequences on an owner occupied home), it will count against them for SSI eligibility in regards to the financial limits required to qualify.  What does that mean?

Well it means no short sale for this client and welcome to one more foreclosure in America.

Product Description
Behind in your mortgage payments? Do you owe more than your house is worth? This book will answer all of your questions! All State Laws are included in this 246 page book! This is a real book. No machines needed to read this book!… More >>

Should I Short Sale My Home?: Homeowner’s Guide On Foreclosure & Short Sales Facts, Myths And Secrets.

• short sale coaching, short sale training,
• Short sales, save your house, save your credit, hardship letter, HUD-1, determining your purchase price,
• loan modification, Short Sale Queen, words not to use to the bank, loss mitigation representative,
• foreclosure timeline, foreclosure process, deficiency judgement, deep discounts from the bank,
• how to buy a short sale, short sale courses

Product Description
Save the banks, save the homeowners and put cash in your pocket especially in today’s down real estate and high foreclosure market! This book tells you YOU CAN close short sales with short sale training and short sale coaching with the Short Sale Queen.

In todays economy house values are dropping. Houses cant be sold for whats owed on the mortgage. In this same real estate market, more and more people are losing their jobs and cant afford to keep current on their p… More >>

Recession Proof Real Estate Investing – Short Sale Your Way to Prosperity Through Secrets, Systems & Strategies

Product Description
Here is a trouble-free, low-risk, low start-up capital outlay to get into investing at real estate today without having a real estate license! Create big money and huge investments even though the economy is struggling! Do you want to profit from the real estate market? Are you a first-time real estate buyer? If so, now is the time to act. Most experts say the real estate market is in a poor state. Yes, this is true, but mostly for sellers. If you have the ne… More >>

Powerful Money Making Tactics With Real Estate Short Sales: Learn The Secrets To Short Sale Investing And Foreclosure Investing That Will Enable You To Make Easy Profits