Search for: "BAY EQUITY HOME LOANS"
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27 Jan 2015, 1:31 pm
To carry out the scheme, Williams and his partner Joshua Clymer recruited underqualified buyers, including family and friends, to purchase homes with promises of cash back, no money down, and illusory equity in the homes. [read post]
30 Jul 2014, 6:43 am
To carry out the scheme, Williams and his partner Joshua Clymer recruited underqualified buyers, including family and friends, to purchase homes with promises of cash back, no money down, and illusory equity in the homes. [read post]
11 Apr 2014, 7:38 am
The facts of the case were that the debtor had signed a guarantee of a commercial lease and a loan, in connection with the build-out of a Dunkin’ Donut franchise. [read post]
19 Jan 2014, 9:01 pm
EY: Private Equity Funds Getting Hands DirtyHaving emerged from the global recession and its aftermath, the real estate private equity sector is finally positioned for growth in 2014, according to a global market trends outlook in real estate private equity published by EY (Ernst & Young). [read post]
4 Oct 2013, 3:57 am
” In August, Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and health care service companies, closed a $7.2 million senior secured term loan with Pritok Capital, a private equity group that specializes in senior housing investment. [read post]
12 Aug 2013, 9:47 pm
I even passed an impromptu pop quiz about the Tax Code with flying colors, all while keeping my nerves at bay. [read post]
12 Jun 2013, 5:20 am
After DirecTV formed a new internet domain for DirecTV Homes services, DTVHS.com, the former BAI locations were transferred to that new domain name. [read post]
28 Dec 2012, 10:00 am
Intellectual Honesty compels us to ask a question Intellectual honesty means a lot to me. [read post]
16 Nov 2012, 2:12 am
Like, if you fireproof your home, your neighbor gets a benefit even though he didn’t do anything and continues to smoke in bed after a few cocktails… that’s an externality. [read post]
10 Oct 2012, 7:27 am
Trapped in mortgages they no longer could afford, homeowners quickly saw any equity they may have had in their homes slip away. [read post]
19 Jun 2012, 7:28 pm
But since this recession began, those seeking bankruptcy advice have likewise needed advice on how they might be able to avoid foreclosure, modify their home loans, or what to do about debt from a home equity line of credit on a home they have already lost. [read post]
13 May 2012, 1:03 pm
“Non-purchase-money” loans, such as home equity lines of credit, are treated as “recourse” loans in California, meaning that the lender can sue the borrower on the promissory note even after the home has been foreclosed. [read post]
5 Apr 2012, 6:55 am
In a Chapter 11 debtors may be able to cram down their rental property mortgages to the current fair market value of the property, AND KEEP their no equity home in the bargain. [read post]
17 Feb 2012, 6:53 pm
Once converted into unsecured debt, the Chapter 13 bankruptcy debtor may pay only a small percentage (or even zero percent in limited cases) toward that second loan (most often a home equity line of credit) while in Chapter 13, and then upon completing his payment plan, the debtor can emerge from bankruptcy owning the property free and clear of that second mortgage loan or equity line with any remaining balance discharged by the bankruptcy. [read post]
8 Feb 2012, 4:29 am
The Tampa Bay Times had a great article about the difficulty in holding nursing homes accountable and collecting judgments from oowners and operators especially when no insurance exists. [read post]
15 Jan 2012, 10:33 am
The bankruptcy attorney should explain in plain terms how eligibility for the different chapters of bankruptcy works, what they accomplish, and how they treat different types of debt, such as home mortgages, car loans, taxes, judgments, and unsecured credit cards. [read post]
16 Dec 2011, 7:11 am
The good news, with respect to real estate, is that the Homestead Act can protect the equity in the home you live in, up to $500,000. [read post]
20 Nov 2011, 4:18 pm
This generation of first-time home owners, if they haven’t lost their home to foreclosure already, are struggling under mortgage debt that is often, here in the San Francisco Bay Area, twice the current value of their homes. [read post]
13 Nov 2011, 7:58 pm
And the result is that because the home equity line of credit was a recourse loan under California law, the homeowner will owe the IRS income taxes on the 130,000 of cancelled debt just as if she had received that same amount as income. [read post]
9 Nov 2011, 10:15 am
Second mortgages, most frequently home equity lines of credit (“HELOCs”), are a huge contributing factor to Bay Area homes’ negative equity because they pile another large secured loan on top of the regular mortgage adding to the overall mortgage debt burdening these properties. [read post]
