Video- JB explains short sale deficiency judgments and 1099C
JB talks about 1099 income and deficiency judgments from jbbeyer on Vimeo.
Here is some recent footage from my BPO Broker Price Opinion realtor training. Salem Oregon Real agents hungry for short sale information listen in on how we explain the short sale process, 1099 C tax issues and deficiency judgments so they can go [...]
What is a 4506T and why are they required on a modification?
I been reading like crazy the new guidelines for HARP and HAMP. These are the government programs with the intention of helping homeowners either refinance or modify when their loan balances exceed the current values of their home. In a future post I will publish them along with my opinion of how the information is [...]
Video Clarifying Deficiency Judgements and 1099C
Deficiency Judgements from Coastal Mitigation Partners on Vimeo.
Andrew Weitz does a great job of explaining deficiency judgments and 1099C. He brings up important points that private mortgage insurance companies can often step in and ask for a “Soft” unsecured promissory note in order for them to approve a short sale. If you are considering a [...]
