The Federal Government recently announced new incentives for homeowners underwater with their current mortgage to work with their bank on a “short sale.”  The new rules give timelines and parameters that offer confidence to lenders who have too often been stuck in an undefined and time consuming processes.  The Obama Administration’s aim is to lessen [...]

Filed under: Foreclosure, Real Estate Debt Workout, Real Estate Loans, Real Estate Market News by lewis
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Here’s a good resource if your real estate development or investment runs into some trouble and you or your lender think you may need a court appointed receiver. A court appoints a receiver only after both sides of the litigation are given an apportunity to give input upon the specific receiver and the goals of [...]

Filed under: Cincinnati Real Estate Consulting, Cincinnati Real Estate Development, Cincinnati Real Estate Development News, Florida Real Estate Development News, Foreclosure, Jacksonville Real Estate, Real Estate Debt Workout, Real Estate Loans, Real Estate Receiver by Andy Howe
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The Tax Loss Carry Back attached to the Unemployment Benefits Bill recently passed by congress and signed by the president has gotten little press but it may have great impact. First off, it will have the intended influence on stabilizing the Commercial Real Estate (CRE) market by helping potentially tens of thousands of mid level [...]

Filed under: Cincinnati Real Estate Development, Florida Real Estate Development, Jacksonville Real Estate, Real Estate Debt Workout, Real Estate Market News, Real Estate Taxes by Andy Howe
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