Does forgiven mortgage debt have tax consequences?
Q: Due to my cancer diagnosis, and subsequent expenses, my wife and I filed bankruptcy in 2010. Just a few days ago we received a 1099-C from the second mortgage...
Home > Reviews
All Stories
Cancelled mortgage debt not considered income, under certain circumstances
Q: I formerly financed a property in Denver that successfully underwent a short sale last year. I lived in the property from 2005 to 2008 and relocated to take a...
Economy improves, but real estate still in depression
The economy looks a little stronger. New weekly unemployment claims are falling. More people are going back to work and the GDP is rising. Even consumer confidence took a big...
Being able to buy a home does not necessarily mean you should
Q: I am a 22-year-old student who has been pre-approved for a loan to purchase my first home. I have about $10,000 in savings and don't want to spend all...
Real Estate Matters: Ask the Lawyer
Q: How do I report a fraudulent bankruptcy after suing our seller? The seller gave all his assets to his kids then filed for bankruptcy so we couldn't get any...
Listings make quick trip to Web
Q: A friend of mine told me that my Realtor should be able to see listings before they are publicly posted on an MLS website. Therefore, she should be able...