Search for: "BAY EQUITY HOME LOANS" Results 1 - 20 of 59
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9 Nov 2011, 10:15 am by Jon G. Brooks
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]
17 Sep 2008, 6:42 pm
DataQuick brought out its Southern California home sales and median price data for August this morning, and the Bay Area stuff should follow tomorrow. [read post]
19 Jun 2012, 7:28 pm by Jon G. Brooks
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]
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]
8 Feb 2012, 4:29 am by Ray Mullman
 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]
13 May 2012, 1:03 pm by Jon G. Brooks
“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]
13 Oct 2010, 7:58 am
In that case, if you decide that the home you are living in has no equity and want to release yourself from any liability on the loan, you can file for bankruptcy to discharge the debt. [read post]
13 Nov 2011, 7:58 pm by Jon G. Brooks
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]
17 Feb 2012, 6:53 pm by Jon G. Brooks
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]
28 Nov 2007, 7:23 am
For example, if a married couple purchases a home together, each party is entitled to a one-half interest in the equity of that home they purchased together. [read post]
31 Aug 2007, 11:48 am
If they don't include loans above FHA limits, don't expect too many Bay Area buyers will be helped by this effort. [read post]
23 Nov 2016, 12:45 pm by Sandy T. Fox
The court explained that the wife got $30,000 more because she took out a $30,000 loan against her 401(k) in order to help fund the $90,000 down payment the couple paid on the house, so that 401(k) loan gave her $30,000 in special equity. [read post]
23 Nov 2016, 12:45 pm by Sandy T. Fox
The court explained that the wife got $30,000 more because she took out a $30,000 loan against her 401(k) in order to help fund the $90,000 down payment the couple paid on the house, so that 401(k) loan gave her $30,000 in special equity. [read post]
21 Jul 2009, 5:12 pm
/Apply2Save, Coeur D’Alene, ID Elect Group LLC, Deerfield Beach, FL Equity Recovery Services, Towsen, MD Federal Home Savers, Comniack, NY Financial Solution Center, Corona, CA Fresh Start Home Modification, Woodbury Heights, NJ Fresh Start Program/Fresh Start Mortgage Assistance, Fresh Start Mortgage Solutions, Mortgage Assistance Solutions, Clearwater, FL Hope Now Modifications, LLC, Cherry Hill Twp., NJ IMC Financial, Clearwater, FL Kirkland Young LLC, Miami… [read post]
10 Feb 2015, 8:51 am by Allison Tussey
Hundreds of thousands of dollars in home loans were issued as a result. [read post]
6 Dec 2009, 5:27 am
The Times story also discussed negative equity as being a leading cause of foreclosures. [read post]
4 Oct 2013, 3:57 am by Amber Walsh
” 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]
23 Feb 2016, 6:45 am by Cathy Moran
 The most common secured debts are mortgages, home equity lines of credit, and car loans. [read post]
29 Jul 2010, 7:13 am
What many of them do not realize is that both a short sale and a foreclosure can lead to unexpected tax hits from the IRS if they used home equity loans when the value of their home is high. [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]