Tag Archive

Great News for Massachusetts Short Sale Sellers. The Mortgage Debt Relief Act has been EXTENDED!

Published on December 18, 2015 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Great News for Massachusetts Short Sale Sellers.  The Mortgage Debt Relief Act has been EXTENDED! Hot off the press. Senate afirm’s two-year extension for Mortgage Debt Relief Act The Senate Finance Committee voted 23-3 in favor of extending a package of business and individual tax provisions known as “tax extenders,” including one that will ensure […]

CLOSED! Lowell Massachusetts Short Sale with Wells Fargo!

Published on July 30, 2014 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

CLOSED! Lowell Massachusetts Short Sale with Wells Fargo! I’m trying to keep up with our closings and shout outs to amazing agents, like Tim Shanahan, but I’m SO far behind in posts.  This Lowell, Massachusetts Short Sale was the first I had ever had the pleasure to work on with Tim.  I hadn’t worked with […]

SHORT SALE HOMEOWNERS IN MA AND NH – THERE COULD BE TAX FORGIVENESS WITHOUT Mortgage Debt Forgiveness Act

Published on March 10, 2014 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

SHORT SALE HOMEOWNERS IN MA AND NH – THERE COULD BE TAX FORGIVENESS WITHOUT Mortgage Debt Forgiveness Act I’m not an accountant nor do I play one on TV so please for tax advice seek out someone qualified.  I give the same advice to short sale sellers in Massachusetts and New Hampshire, which is find […]

Trick Or Treat – Five Month Short Sale coming to end after THREE SUBMISSIONS

Published on October 31, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Now, five and ½ months is not historically long in short sale time lines, but it’s long enough for me considering I submitted the same file four times, three with the same buyer and ended up with the same negotiator ALL but this last time. This is the end of one of the most frustrating deals I’ve ever encountered, mainly because the STUPIDITY of the team at Chase astounded me. Now in case you’re not up to speed on this sale, check here for my BPO quandary. Yes, even getting a BPO ordered a second time around with the EXACT VALUE of our offer, miraculously, our file ended up closing as the NET to the investor wasn’t yielding them enough.

Should you hire a 3rd party short sale negotiator? Processor? Massachusetts New Hampshire

Published on April 15, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Should you Hire a 3rd party short sale Negotiator? Massachusetts EXPERT – It’s often I see that term used to describe someone involved in short sales.  It’s pretty scary.  I’ve seen it as a designation for many agents after a weekend course.  I can tell you without a shadow of a doubt NO ONE is […]

Knowing your tax ramifications from Massachusetts or New Hampshire Short Sales

Published on January 12, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Short sales are risky and scary for most homeowners, but being armed with valuable information regarding all possible outcomes usually sets homeowner’s minds at ease. The alternative is far
more devastating than the risk of a short sale, but knowing ahead of time what you face assists homeowners and agents in making the best decisions possible.

Deficiency vs. Deficiency Judgment in Short Sales and Foreclosures for New Hampshire and Massachusetts Homeowners

Published on October 15, 2010 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

People misunderstand the terms deficiency and deficiency judgment when explaining the risks in short sales or foreclosure actions. It is easy to do. Short sales and foreclosures are confusing for most homeowners. Even after explaining the potential outcomes of a short sale or foreclosure in Massachusetts or New Hampshire, homeowners still are overwhelmed.

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