Jan 02
Tweet …At Least for 2013, if you are selling your home short of what you owe (Short Sale) or having a portion of your loan forgiven through reduction in interest rate or principle reduction (Loan Modification) – it won’t be taxed as income (which would have been the case for any transactions closed after 12/31/2012). …
Permanent link to this article: http://www.pessemierfinancial.com/blog/fiscal-cliff-2013-closed-short-sales-mortgage-insurance-tax-deductions-survive/
May 09
Tweet Some of the biggest hurdles many of my purchasing clients have these days are being answered by one of the most obscure programs available today. Approximately 1,100 single family, multi-family (2-4 units) homes and condominiums in Washington State are eligible for the Fannie Mae HomePath purchasing program!! For home buyers looking to get into …
Permanent link to this article: http://www.pessemierfinancial.com/blog/have-you-gone-crazy-fannie-mae/
Mar 13
Tweet Fannie Mae HomePath is a great loan program for owner occupants, as well as being the best current program for investors in my opinion. Where else can you pick up a fixer, where the appraisal won’t require a bunch of work orders? If you’re an investor, just be aware that the “First Look” properties are …
Permanent link to this article: http://www.pessemierfinancial.com/blog/fannie-mae-homepath-guideline-change-auction-sales/
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