Top 10 Free Apps for New IPad

So you have a brand new IPad (or like me, want one)!  Social Networx, Inc. is suggesting the top 10 free apps.  If you don't already have them, check them out!

Top 10 Free Apps for New IPad

Cancellation of Mortgage Debt and Your Tax Return

Linda Goold, Tax Counsel for the National Association of REALTORS® recently wrote an article for RISMedia’s Real Estate magazine advising consumers how to handle cancellation of mortgage debt on their tax returns. She offered some great information that is worthy of sharing.

According to Goold, in today’s market, a lender will sometimes forgive some portion of a borrower's debt. The general tax rule that applies to any debt forgiveness is that the amount forgiven is treated as taxable income to the borrower. Some exceptions to this rule exist and a law enacted in December 2007 provides relief to troubled borrowers when some portion of mortgage debt is forgiven. However, this relief expires on December 31, 2012. Goold provides the following general information you need to know about this law and cancellation of mortgage debt. Be sure to review this information with your accountant or personal tax advisor before filing this year’s tax return:

The Non-Short Sale - Can This Help You?

This is a rather lengthy article about the process of buying and selling notes that is worth reading if your loan amount is higher than the current value of your home.  An investor who purchases notes at a discount and is willing to re-draft them to current market value can be a lifeline for many homeowners today. Depending on your situation you may prefer to stay in your home with a reduced principle on your loan, lower payments, and the bright prospect of once again building equity. If you choose to sell, it no longer is a "short sale", your loan is marked PAID IN FULL and you can move on with no further damage to your credit. Stay or go...it's your choice. Please share this article with your friends. You never know who you might be helping! They can contact me for details.

http://www.californiashortsalelawyer.com/2012/02/can-note-buyers-help-short-sales/

What Moves You?: Getting Married

FAQ's on the 18 Billion Dollar Settlement - Can It Help You?

If you are wondering if you might be able to benefit from the 18 billion dollar national mortgage settlement, here are some frequently asked questions.

https://oag.ca.gov/nationalmortgagesettlement/faqs

Time Periods for Re-Entering the Market after a Bankruptcy, Foreclosure, or Short Sale

10 Money-Saving Tips for 2012

When it comes to improving your financial picture, small steps can yield big gains. Whether you’re saving for a down payment or dealing with increased expenses having just moved into a new home, the following tips from SWparents.com are great ways to save money in a variety of areas. Start today and you’ll quickly notice the positive impact on your bottom line: