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Making home Affordable program on pace to help millions of homeowners

By: Sanda Hnatjuk-Bahic Home Loans Views: 3026 | Comments: 0 | Votes: 0

Sanda Hnatjuk-Bahic

  More than 400,000 modification offers have been extended and more than 230,000 trial modifications have begun, according to the report.  At the current pace, the program is on track to offer assistance to up to 3 to 4 million homeowners over the next three years. 1, 2009. More

Health Care Reform or Welfare Program - Who Pays the Bill?

By: Steve Selengut Insurance Views: 2579 | Comments: 0 | Votes: 0

Steve Selengut

The White House has released another of its health care reform clarification emails--- there will be more. It seems strange to me that the focus is on insurance coverage rather than on the spiraling costs of health care itself. But why should they care? This is Robin Hood politics, not business. Why do we continue to re-elect them is a far better question. to assure that this happens. More

What Information should your Tax Preparer Disclose.

By: Kerry Freeman EA Tax Planning Views: 3559 | Comments: 0 | Votes: 0

Kerry Freeman EA

With many offices doing multiply services, Taxes, Insurance, Financial Products. What protection does the taxpayer have to the confidentially of his or her information.   Under the Internal Revenue Code (IRC) sec 6713, If any person who is engaged in the business of preparing, or providing services in connection with the preparation of a tax return. Mr. Mr. Mr. More

Where Is Our Economy Headed?

By: Mark Goldman Home Loans Views: 5970 | Comments: 0 | Votes: 0

Mark Goldman

Here is my comments to an article from SeekingAlpha.com. The original can be found at: http://seekingalpha.com/article/156363-end-of-recession-predictions-look-increasingly-flawed I do not believe the economy will change if the people running it are the same guys that put us into this tailspin. Goldman Sachs had a great quarter with bailout money. Who will take up the slack? More

IRS cracks down on tax credit cheaters

By: Kenneth R. Harney Tax Planning Views: 2503 | Comments: 1 | Votes: 1

Kenneth R. Harney

WASHINGTON — The IRS has an urgent message for would-be home purchasers: Make the most of the $8,000 first-time buyer tax credit before it disappears Dec. 1 — if you qualify. But if you don’t truly qualify, don’t try to play games with the credit. The IRS already has 24 criminal investigations of suspected fraud under way around the country. The answer from the IRS: We are. 5. More

Making Home Affordable Program

By: Tax Advisors Home Loans Views: 1546 | Comments: 0 | Votes: 0

Tax Advisors

On February 18, 2009, President Obama announced his Making Home Affordable Program (MHA), designed to help up to 7-9 million families avoid foreclosure by restructuring or refinancing their mortgages. For more detailed information, visit MakingHomeAffordable.gov.  More

IRS to Require Paid Tax Prepaprers to be Licensed.

By: Kerry Freeman EA Tax Planning Views: 3118 | Comments: 0 | Votes: 0

Kerry Freeman EA

The Internal Revenue Service is working on new rules that could require paid tax preparers to be licensed to improve tax compliance and reduce fraud, IRS Commissioner Doug Shulman said Thursday. Eighty percent of taxpayers get help with their returns, either from paid preparers or computer programs, Mr. Shulman told a congressional subcommittee. Mr. Mr. and Liberty Tax Service. Rep. More

New rules to protect borrowers take effect on July 30

By: Kenneth R. Harney Home Loans Views: 1517 | Comments: 0 | Votes: 0

Kenneth R. Harney

WASHINGTON – If you're applying for a loan to purchase a primary or secondary home, or planning to refinance, you should be aware of a little-publicized new set of federal consumer-protection rules that take effect July 30. If you don't get them, you can pull the plug. You'll now have up to a week to think about the transaction, and decide whether it's right for you. More

Cap Rate, Cash flow, Cash on Cash Return and ROI What do they determine?

By: Richard Sorrentino Real Estate Views: 3366 | Comments: 0 | Votes: 0

Richard Sorrentino

A  commercial property investment is a business investment. Determine the investment numbers and you will determine your success ratio performance of your investment. The following three formulas will help you to choose your level of risk, before you submit a letter of intent. Remember a commercial property is a business that is an illiquid investment. So can you." More

Due Diligence- Seven Step Check List- Part One

By: Richard Sorrentino Real Estate Views: 2599 | Comments: 0 | Votes: 0

Richard Sorrentino

How to use seven steps to make sure your Letter of Intent process is complete. What if you discovered a simple list that you can use to follow the progress of a completed Letter of Intent? Just sign or check this step and make note of the date. Here is legal reminder to follow. Step 2. Just sign or check this step and make note of the date. Step 3. Step 4. Step 6. Step 7. More