Foreclosure in Pasadena : Questions & Answers

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Allen Gary, Real Estate Pro in Pasadena, MD
Allen Gary answered:
I am interested in the property on Lynn Avenue in Pasadena, MD. Can I schedule a showing with the assigned agent? Thanks, Gretchen
Hi Gretchen: It would be my pleasure to make the initial contact with the listing agent. I believe the property has an "offer pending". Should that be the case there are several oth ... more
0 votes Share Flag Fri Jul 5, 2013 Foreclosure in Pasadena
Vince Caropr…, Real Estate Pro in Millersville, MD
Vince Caropreso answered:
IS THE REMAINING UNPAID DEBT IN A SHORT SALE TREATED AS INCOME IN MARYLAND - (PRIMARY RESIDENCE FOR MORE THAN 2 YEARS?)
Until Dec 31, 2012 there is a law in place so that the forgiven debt will not count as incomebut it expires Jan1 2013. Please check with a tax professional to make sure.

Vince Caropr ... more
0 votes Share Flag Tue May 8, 2012 Foreclosure in Pasadena
Ellie Cerasu…, Real Estate Pro in Pasadena, MD
Ellie Cerasuolo, Broker answered:
HAFA, short sales, foreclosures and Default States.
Depending on what type of Loan you have there are guidelines that either allow you to do a short sale or not. To do a HAFA; you must be still residing in the property. To perform a FH ... more
0 votes Share Flag Mon May 7, 2012 Foreclosure in Pasadena
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