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FHA Mortgage, How it Works The FHA does not lend the money; it simply insures that the total mortgage will be paid to the lender if the buyer defaults. It is always the decision of the private lender (a bank, credit union, or savings and loan) to decide whether or not they will lend the money. Th...
01/07/2009
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Short Sales vs. Foreclosure Many Sellers have come to me asking my questions about short sales. Here are a few things you need to know to help educate you on this process in case you or someone you know is starting to fall into financial hardship. What is a Short Sale? A Short Sale is a real...
01/07/2009
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Capital Gains and Real Estate When you sell a stock, you owe taxes on your gain-the difference between what you paid for the stock and what you sold it for. The same is true with selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, c...
01/07/2009