Tax law has an amazing break for unconventional homeowners. You can deduct your mortgage interest payments even when the deed to the house and the mortgage are in someone else’s name. Here’s what happened to Sue Davis. Sue could not personally qualify for a home loan. Her parents stepped in to help. They bought the…
Below is great article I read that talks about “The Second Wave of Mortgage Defaults.” It is great story, one I have been telling my credit workshop students and home buyer workshop students. What it doesn’t mention the 3rd wave of defaults from Job Loss! We have not seen anything yet! Carlos Samaniego (909)742-9699 The…
That is right only 5 of 1,711 permanent modifications as of Sept 1 of this year had a principal reduction! That is what I have been telling my clients, that they are being a fed a bill of goods, with all these companies advertising how they are doing principal reductions! Here is quote from a front page article on Huffington Post…
Everyday I get call’s from homeowners who do not know what to do? They are behind on their mortgages, owe more than what the house is worth, lost their job, you name it, I heard it. Because of so many people trying to take advantage of stress out homeowners, from realtors, lenders, lawyers, investors, scam…
That is right the Terminator strikes back in Sacramento! Sign’s 9 new law’s in legistition that is effective immediate! Bye, Bye, Loan modification companies and even attornies that get paid up front to do loan modifications! I hope you enjoy this article. Tell me what you think? Comment below Carlos Samaniego P.S. If you like…
This was what a good day is like. I got this email below from Oscar Jimenez. It felt great helping somone out again! Good Morning Carlos, Thanks for taking the time to take my phone call on Monday. You gave them the knowledge and realistic advise I needed to call my Mortgage service company (Chase).…