Tag Archives: foreclosure defense
The Effects of Foreclosure on Your Taxes
Most of the time an increase in your tax bill reflects an increase in your income. Perhaps you earned a big raise or a bonus or even won the lottery. The tax bite may take some joy out of your celebration but you certainly come out ahead. Foreclosure of your home, on the other… Read More »
What is a Deed in Lieu?
Did someone tell you a deed in lieu might be a good option for your situation? And you responded that you would consider it — all the while thinking, “In lieu of what?” The quick answer is: in lieu of foreclosure. And a deed in lieu is, in fact, a quick answer to the… Read More »
Stopping Foreclosure by Seeking a Short Sale
No one wants to lose a home, so receiving a notice of foreclosure is a frightening event. It is important that you take any foreclosure notices from your lender seriously. You do have options available, such as seeking a short sale, but you must act quickly to put yourself in the best possible situation… Read More »