Tag Archives: California

Mello-Roos Fees Not Tax-Deductible

As the deadline for filing income taxes draw near, here is something  to take note.   Mary Ann Milbourn, in her column “Handling Hard Times” in the Orange County Register, posted this article on January 9, 2012, “State Targets Property-Tax … Continue reading

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Time To Stop Throwing Good Money After Bad

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust. Wanting to downsize their lives as they headed toward retirement, … Continue reading

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Short Sale Lottery?

At first, the San Leandro woman, who had fallen behind on her condo payments, thought the letter was a scam. “You could sell your home, owe nothing more on your mortgage and get $20,000,” it proclaimed in large type. “I … Continue reading

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Feds and Banks Reached $25B Foreclosure Abuse Deal

The $25 billion settlement with the five biggest banks related to foreclosure abuses including “robo-signing” of documents is the largest multi-state settlement since the Tobacco Settlement in 1998, said the Department of Justice. California will receive a big chunk of … Continue reading

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Advantages of the HAFA Process

According to market research firm CoreLogic, nearly 11 million of properties nationwide had negative equity at the end of the second quarter of 2011.  Another 2.4 million homeowners had less than 5% equity.  As of November 2011, 30.2% of homes … Continue reading

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