Josh Talayka | June 3, 2011
Although a foreclosure may be done outside of court, the lender must still adhere to very specific procedures and timeframes that are defined by law. Once all the timeframes and requirements above have been met, the lender may carry out their foreclosure sale (Trustee’s Sale). Following the foreclosure, the lender may still be able to sue the borrower for any deficiency in the amount received from the trustee’s sale.
Category: Credit, Foreclosure Mediation Program, Loan Modification Series, Short Sale & Foreclosures, Tax |
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Tags: Chase International, Credit, Deed-in-Lieu, Deficiency, Foreclosure, foreclosure options, foreclosure timeframe, Judicial, lis pendes, Modification, Nevada, NOD, non-judicial, NOS, Notice of Default, notice of sale, NV, Real Estate, reinstatement, reno, short sale, Talayka, www.sellinghomesinreno.com, www.sellingnorthernnv.com
Josh Talayka | May 3, 2011
In order to fund the President Obama’s Health Care & Medicare overhaul plan, congress enacted two separate taxes that will raise the necessary funds need for the president’s plan. The first is a 0.9% tax that will be applied towards high wage and self-employment income. The second is a 3.8% tax that will be applied to some investment income received. In order to better understand how this tax will be applied, the National Association of Realtors (NAR) has put together some examples of different scenarios.
Category: Capital Gains, General, Tax |
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Tags: 3.8% tax, Capital Gains, Chase International, Health Care, investment income, Medicare, NAR, National Association of Realtors, Nevada, NV, Obama Care, Real Estate, reno, Talayka, Tax, www.sellinghomesinreno.com, www.sellingnorthernnv.com
Josh Talayka | March 7, 2011
The new tax will become effective in January 2013. It is estimated that the tax will bring in $210 Billion to help with Medicare.
Category: Capital Gains |
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Tags: Chase International, investment income, Medicare, Nevada, NV, Real Estate, reno, Talayka, Tax, www.sellinghomesinreno.com, www.sellingnorthernnv.com
