Posts tagged as:

sold

Help me with home loan problem.How come banks take such large losses on secure loans?When homes are sold.?

May 16, 2010

The banks get the most if not all the money back.

  • Share/Bookmark
Read the full article →

Taxes on home sold with existing non-secured loan question?

April 16, 2010

If I purchased a home for example $200,000 with a non-secured loan (strictly based on paperwork and credit, but no lien on the house) and I sold the house for $200,000, would I have to pay taxes on that money since there were no capital gains?

  • Share/Bookmark
Read the full article →