Inman AM: Tax credit crunch time: Get in under the wire

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ADVERTISEMENT Short Sales predicted to rise by 50%. Federal and mortgage industry officials search ways to get distressed homeowners out of their homes without forcing a messy and expensive foreclosure. Experts discuss how to profitably seize the vast upside ...Continued TODAY'S TOP STORIES = Premium Member News- Join Now » Friday, April 30, 2010 Tax credit crunch time: Get in under the wire Wheel Estate Cam: Episode 22 It's crunch time for the federal homebuyer tax credit program -- buyers must be under contract by the end of the day to qualify. In this Wheel Estate Cam segment, real estate broker Frank LLosa recommends some tips to get deals done on deadline day. More » Mortgage rates hold for now, but expect increases End of Fed MBS purchases will likely drive up rates Find bargains at real estate tax lien auctions Investment can be low-cost, low-risk, but highly competitive Is $1,000 late-fee charge illegal? Rent it Right OTHER TOP STORIES 9 free Google tools to use for real estate Figuring out new RESPA rules: lenders report delays, confusion 2 San Francisco-area Realtor associations won't merge Realogy boosts revenue but still in the red Avoid lease-option snafus in home sale Latest News » NOTABLE QUOTE "Throughout the foreclosure crisis, homeowners desperately hoping to avoid losing their homes have fallen victim to companies offering to help -- for a substantial fee. In many cases, the homeowner pays several thousand dollars, receives no loan modification and loses their home to foreclosure anyway." --Deborah Bortner, director, Washington state Department of Financial Institutions	ADVERTISEMENT Win a FREE iPad! Register for Real Estate Connect SF 2010 by April 30 to be entered in a drawing to win a FREE iPad! Join 2,000 of the smartest, boldest people in real estate and technology. Register Today! TARA-NICHOLLE NELSON: Mood of the Market Learn the physics of real estate Buy vs. rent: Making the right choice Happy home hacks More Tara-Nicholle Nelson »
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