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First Time Home Buyer Program 6 – Tax Credit & FHA Mortgage Mar09 – Buy Foreclosures Low Rates

Sunday, August 23rd, 2009

Tax Credits, Seller Paid Closing Costs and Low Down Payments for First Time Home Buyer Program to Apply for Low Interest Rate FHA Mortgage Loans. Buy Foreclosures. Go To RealEstateMarketingThisWeek.com Part 6 (Excerpt) Foreclosures may be the best purchase option for first time home owners; Interest rates at all time lows In the last couple of months, 40% of all the total sales in Maricopa County were foreclosures. 40% of the total market was foreclosures and thats not including short sales …

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if i short sale an investment property, can i make the buyers offer subject to bank relieving me of the 1099?

Friday, July 10th, 2009

I want to short sale an investment property. the difference between what is owed, and actual value is signifigent, and will lead to bankruptcy.

if we recieve an offer from a potential buyer, can i counter it back to say "subject to: bank not issuing 1099 for the difference"?

FYI – the bank is WAMU.

Tags: bankruptcy, investment property, issuing 1099, short sale, wamu
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