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Title | ORANGE COUNTY REAL ESTATE SHORT SALE SPECIALIST / REALTOR / EXPERT - TOP ORANGE COUNTY REAL ESTATE AGENT. MIKE PAHUA |
Description | Contact Top OC Realtor, Mike Pahua (ORANGE COUNTY SHORT SALE SPECIALIST / EXPERT / REALTOR) at (949) 309-2400 for comprehensive and experienced real estate representation. The Pahua Group ranks in the top 1% of Realtors nationwide. Specializing in ORANGE COUNTY REAL ESTATE, ORANGE COUNTY FORECLOSURES, and ORANGE COUNTY SHORT SALES. LUXURY ORANGE COUNTY REAL ESTATE SPECIALISTS. Search the Orange County MLS here. We are specialist in working with Bank of America and GMAC and their Equator system. Bank of America and GMAC pre approved short sale and letter of intent to short sale specialist. HAFA Short Sale Realtor If you are considering the short sale of your Orange County real estate you should call Mike Pahua. Mike is a top specialist in Orange County Short Sales and Foreclosure Prevention. We have worked with home owners in just about all Orange County Cities including, Irvine, Costa Mesa, Mission Viejo, Orange, Laguna Hills, Laguna Niguel, Huntington Beach, Garden Grove, Anaheim. We even do short sales in Luxury neighborhoods like Nellie Gail Ranch, Shady Canyon, Bear Brand (Ocean Ranch), Coto de Caza, Eastside Costa Mesa, Newport Beach / Newport Coast, Laguna Beach and Villa Park. Short Sale are not guaranteed but working with a specialist is the next best thing.A short sale is a better option than a foreclosure. Don't just walk away and give up. You have rights as a homeowner. Because of these rights, a lender will normally work with you on a short sale. When you work with Mike Pahua a top Orange County Short Sale Realtor, you give yourself the highest chance for success. Sometimes you will only get one chance to complete a short sale so you don't want to waste it on an inexperienced Realtor. Our office is located in the city of Irvine, CA. This puts us right in the center of Orange County and able to represent all Orange County homeowners. A couple things to remember about short sales. 1. It's free to you. Never pay an upfront fee to a Realtor for a short sale (it's against the law) 2. Once your short sale is approve you still have the option to accept the lenders terms to reject their terms. 3. You will normally get an extra 3 to 4 months in the home while we negotiate with your lender. 4. You will be released from all future liability on your mortgage (1st lien only) when your short sale is approved and you close. This is because of the new California law, SB-931. 5. You will receive a 1099A or a 1099C whether you do a short sale or go through the foreclosure. Whether or not you owe the income taxes on the 1099 really depends on a variety of factors that should be discussed with your tax professional. In many cases, the struggling homeowner does not owe the income taxes and really walks away clean. 6. The credit hit will be less with short sale than with a foreclosure. You will be able to purchase a home again in 2-3 years versus 5-7 years with a foreclosure. 7. MIKE PAHUA IS TOP IN HIS FIELD OF ORANGE COUNTY SHORT SALE. YOU WILL NEVER PAY ME A DIME. I WILL NEGOTIATE ALL MY FEES WITH THE LENDER DIRECTLY! CALL ME TODAY AT 949-309-2400. Short Sale your home with Top Orange County Short Sale Specialist, Mike Pahua 949-309-2400. Mike is an expert short sale Realtor, specializing in foreclosure prevention for homeowners. We are experienced with HAMP and HAFA. You may be eligible for relocation cash through HAFA. We help property owners sell their, Should You Short Sale Your Orange County Home? Click Here For Info From Top OC Short Sale Realtor Specialist Expert Agent. We use a top Orange County Short Sale Attorney to negotiate our short sale listings. We are a great Realtor / Attorney team. Aliso Viejo Short Sales Anaheim Short Sales Anaheim Hills Short Sales Brea Short Sales Buena Park Short Sales Corona Del Mar Short Sales Costa Mesa Short Sales Coto de Caza Short Sales Cypress Short Sales Dana Point Short Sales Fountain Valley Short Sales Fullerton Short Sales Garden Grove Short Sales Huntington Beach Short Sales Irvine Short Sales La Habra Short Sales La Palma Foreclosures Ladera Ranch Short Sales Laguna Beach Short Sales Laguna Hills Short Sales Laguna Niguel Short Sales Laguna Woods Short Sales Lake Forest Short Sales Los Alamitos Short Sales Mission Viejo Short Sales Newport Beach Short Sales Newport Coast Short Sales North Tustin Short Sales Orange Short Sales Placentia Short Sales Rossmoor Short Sales RSM Short Sales San Clemente Short Sales San Juan Cap. Short Sales Santa Ana Short Sales Seal Beach Short Sales Stanton Short Sales Tustin Short Sales Villa Park Short Sales Westminster Short Sales Yorba Linda Short Sales CA SHORT SALE LAW UPDATES: 7/15/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON JUNIOR LIENS Gov. Jerry Brown signed SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans. Under previous law (SB 931 of 2010), a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens. The signing of this bill is a victory for California homeowners who have been forced to short sell their home only to find that the lender will pursue them after the short sale closes, and demand an additional payment to subsidize the difference. SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lienholders – those in first position and in junior positions – will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property. SB 458 contains an urgency clause making it effective upon signing. 1/1/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON ALL 1ST LIENS IN CA. Senate Bill 931 (SB 931) pertaining to California short sale deficiencies was signed by the Governor on September 30th. Beginning January 1st, 2011 any first mortgages that accept a short sale will not be able to obtain a deficiency judgment against a seller after the completion of a short sale . If a lender provides written consent to a short sale on a first mortgage, they lender must accept the sales proceeds as full payment and discharge the remaining balance due on the loan. The new law will apply to all first mortgage loans secured by one to four residential units, including purchase money, hard money and refinanced loans. This law does not apply to 2nd or any other junior lien holders. Also, the new law does not prevent the lender from seeking damages for fraud or waste by the borrower. 2007: Mortgage Forgivness Debt Relief Act of 2007 ****(Expires 12/31/2012)**** You may not have to claim income from forgiven debt after a short sale. If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness (Taken From IRS.gov). 1. Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence. 2. The limit is $1 million for a married person filing a separate return. 3. You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure. 4. To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence. 5. Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion. 6. Proceeds of refinanced debt used for other purposes – for example, to pay off credit card debt – do not qualify for the exclusion. 7. If you qualify, claim the special exclusion by filling out Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and attach it to your federal income tax return for the tax year in which the qualified debt was forgiven. 8. Debt forgiven on second homes, rental property, business property, credit cards or car loans do not qualify for the tax relief provision. In some cases, however, other tax relief provisions – such as insolvency – may be applicable. IRS Form 982 provides more details about these provisions. 9. If your debt is reduced or eliminated you normally will receive a year-end statement, Form 1099-C, Cancellation of Debt, from your lender. By law, this form must show the amount of debt forgiven and the fair market value of any property foreclosed. 10. Examine the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. You should pay particular attention to the amount of debt forgiven in Box 2 as well as the value listed for your home in Box 7. |
Keywords | ORANGE COUNTY'S TOP REAL ESTATE AGENT, #1 SOURCE FOR OC REAL ESTATE, FORECLOSURES AND SHORT SALES. Contact Top OC Realtor, Mike Pahua (ORANGE COUNTY SHORT SALE EXPERT REALTOR) at (949) 235-1016 for comprehensive and experienced real estate representation. The Pahua Group ranks in the top 1% of Realtors nationwide. We are specialist in working with Bank of America and GMAC and their Equator system. Bank of America and GMAC pre approved short sale and letter of intent to short sale specialist. HAFA Short Sale Realtor LUXURY ORANGE COUNTY REAL ESTATE SPECIALISTS. Specializing in Orange County Real Estate, Orange County Foreclosures, and Orange County Short Sales. Search the Orange County MLS here.If you are considering the short sale of your Orange County real estate you should call Mike Pahua. Mike is a top specialist in Orange County Short Sales and Foreclosure Prevention. We have worked with home owners in just about all Orange County Cities including, Irvine, Costa Mesa, Mission Viejo, Orange, Laguna Hills, Laguna Niguel, Huntington Beach, Garden Grove, Anaheim. We even do short sales in Luxury neighborhoods like Nellie Gail Ranch, Shady Canyon, Bear Brand (Ocean Ranch), Coto de Caza, Eastside Costa Mesa, Newport Beach / Newport Coast, Laguna Beach and Villa Park. Short Sale are not guaranteed but working with a specialist is the next best thing. A short sale is a better option than a foreclosure. Don't just walk away and give up. You have rights as a homeowner. Because of these rights, a lender will normally work with you on a short sale. When you work with Mike Pahua a top Orange County Short Sale Realtor, you give yourself the highest chance for success. Sometimes you will only get one chance to complete a short sale so you don't want to waste it on an inexperienced Realtor. Our office is located in the city of Irvine, CA. This puts us right in the center of Orange County and able to represent all Orange County homeowners. A couple things to remember about short sales. 1. It's free to you. Never pay an upfront fee to a Realtor for a short sale (it's against the law) 2. Once your short sale is approve you still have the option to accept the lenders terms to reject their terms. 3. You will normally get an extra 3 to 4 months in the home while we negotiate with your lender. 4. You will be released from all future liability on your mortgage (1st lien only) when your short sale is approved and you close. This is because of the new California law, SB-931. 5. You will receive a 1099A or a 1099C whether you do a short sale or go through the foreclosure. Whether or not you owe the income taxes on the 1099 really depends on a variety of factors that should be discussed with your tax professional. In many cases, the struggling homeowner does not owe the income taxes and really walks away clean. 6. The credit hit will be less with short sale than with a foreclosure. You will be able to purchase a home again in 2-3 years versus 5-7 years with a foreclosure. 7. MIKE PAHUA IS TOP IN HIS FIELD OF ORANGE COUNTY SHORT SALE. YOU WILL NEVER PAY ME A DIME. I WILL NEGOTIATE ALL MY FEES WITH THE LENDER DIRECTLY! CALL ME TODAY AT 949-235-1016. Short Sale your home with Top Orange County Short Sale Specialist, Mike Pahua 949-235-1016. Mike is an expert short sale Realtor, specializing in foreclosure prevention for homeowners. We are experienced with HAMP and HAFA. You may be eligible for relocation cash through HAFA. We help property owners sell their, Should You Short Sale Your Orange County Home? Click Here For Info From Top OC Short Sale Realtor Specialist Expert Agent. We use a top Orange County Short Sale Attorney to negotiate our short sale listings. We are a great Realtor / Attorney team. Aliso Viejo Short Sales Anaheim Short Sales Anaheim Hills Short Sales Brea Short Sales Buena Park Short Sales Corona Del Mar Short Sales Costa Mesa Short Sales Coto de Caza Short Sales Cypress Short Sales Dana Point Short Sales Fountain Valley Short Sales Fullerton Short Sales Garden Grove Short Sales Huntington Beach Short Sales Irvine Short Sales La Habra Short Sales La Palma Foreclosures Ladera Ranch Short Sales Laguna Beach Short Sales Laguna Hills Short Sales Laguna Niguel Short Sales Laguna Woods Short Sales Lake Forest Short Sales Los Alamitos Short Sales Mission Viejo Short Sales Newport Beach Short Sales Newport Coast Short Sales North Tustin Short Sales Orange Short Sales Placentia Short Sales Rossmoor Short Sales RSM Short Sales San Clemente Short Sales San Juan Cap. Short Sales Santa Ana Short Sales Seal Beach Short Sales Stanton Short Sales Tustin Short Sales Villa Park Short Sales Westminster Short Sales Yorba Linda Short Sales CA SHORT SALE LAW UPDATES: 7/15/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON JUNIOR LIENS Gov. Jerry Brown signed SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans. Under previous law (SB 931 of 2010), a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens. The signing of this bill is a victory for California homeowners who have been forced to short sell their home only to find that the lender will pursue them after the short sale closes, and demand an additional payment to subsidize the difference. SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lienholders – those in first position and in junior positions – will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property. SB 458 contains an urgency clause making it effective upon signing. 1/1/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON ALL 1ST LIENS IN CA. Senate Bill 931 (SB 931) pertaining to California short sale deficiencies was signed by the Governor on September 30th. Beginning January 1st, 2011 any first mortgages that accept a short sale will not be able to obtain a deficiency judgment against a seller after the completion of a short sale . If a lender provides written consent to a short sale on a first mortgage, they lender must accept the sales proceeds as full payment and discharge the remaining balance due on the loan. The new law will apply to all first mortgage loans secured by one to four residential units, including purchase money, hard money and refinanced loans. This law does not apply to 2nd or any other junior lien holders. Also, the new law does not prevent the lender from seeking damages for fraud or waste by the borrower. 2007: Mortgage Forgivness Debt Relief Act of 2007 ****(Expires 12/31/2012)**** You may not have to claim income from forgiven debt after a short sale. If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness (Taken From IRS.gov). 1. Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence. 2. The limit is $1 million for a married person filing a separate return. 3. You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure. 4. To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence. 5. Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion. 6. Proceeds of refinanced debt used for other purposes – for example, to pay off credit card debt – do not qualify for the exclusion. 7. If you qualify, claim the special exclusion by filling out Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and attach it to your federal income tax return for the tax year in which the qualified debt was forgiven. 8. Debt forgiven on second homes, rental property, business property, credit cards or car loans do not qualify for the tax relief provision. In some cases, however, other tax relief provisions – such as insolvency – may be applicable. IRS Form 982 provides more details about these provisions. 9. If your debt is reduced or eliminated you normally will receive a year-end statement, Form 1099-C, Cancellation of Debt, from your lender. By law, this form must show the amount of debt forgiven and the fair market value of any property foreclosed. 10. Examine the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. You should pay particular attention to the amount of debt forgiven in Box 2 as well as the value listed for your home in Box 7. |
WebSite | www.pgcoastal.com |
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US$7,432
Last updated: Feb 22, 2021
Pgcoastal.com has global traffic rank of 4,558,620. Pgcoastal.com has an estimated worth of US$ 7,432, based on its estimated Ads revenue. Pgcoastal.com receives approximately 678 unique visitors each day. Its web server is located in San Diego, California, United States, with IP address 69.43.157.101. According to SiteAdvisor, pgcoastal.com is safe to visit. |
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Domain Name: PGCOASTAL.COM Registry Domain ID: 1410269208_DOMAIN_COM-VRSN Registrar WHOIS Server: whois.godaddy.com Registrar URL: http://www.godaddy.com Updated Date: 2018-02-27T18:41:26Z Creation Date: 2008-02-26T18:41:12Z Registry Expiry Date: 2023-02-26T18:41:12Z Registrar: GoDaddy.com, LLC Registrar IANA ID: 146 Registrar Abuse Contact Email: abuse@godaddy.com Registrar Abuse Contact Phone: 480-624-2505 Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited Name Server: NS33.DOMAINCONTROL.COM Name Server: NS34.DOMAINCONTROL.COM DNSSEC: unsigned URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/ Domain Name: PGCOASTAL.COM Registry Domain ID: 1410269208_DOMAIN_COM-VRSN Registrar WHOIS Server: whois.godaddy.com Registrar URL: http://www.godaddy.com Updated Date: 2018-02-27T11:41:26Z Creation Date: 2008-02-26T13:41:12Z Registrar Registration Expiration Date: 2023-02-26T13:41:12Z Registrar: GoDaddy.com, LLC Registrar IANA ID: 146 Registrar Abuse Contact Email: abuse@godaddy.com Registrar Abuse Contact Phone: +1.4806242505 Domain Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited Domain Status: clientUpdateProhibited http://www.icann.org/epp#clientUpdateProhibited Domain Status: clientRenewProhibited http://www.icann.org/epp#clientRenewProhibited Domain Status: clientDeleteProhibited http://www.icann.org/epp#clientDeleteProhibited Registry Registrant ID: Not Available From Registry Registrant Name: Registration Private Registrant Organization: Domains By Proxy, LLC Registrant Street: DomainsByProxy.com Registrant Street: 14455 N. Hayden Road Registrant City: Scottsdale Registrant State/Province: Arizona Registrant Postal Code: 85260 Registrant Country: US Registrant Phone: +1.4806242599 Registrant Phone Ext: Registrant Fax: +1.4806242598 Registrant Fax Ext: Registrant Email: PGCOASTAL.COM@domainsbyproxy.com Registry Tech ID: Not Available From Registry Tech Name: Registration Private Tech Organization: Domains By Proxy, LLC Tech Street: DomainsByProxy.com Tech Street: 14455 N. Hayden Road Tech City: Scottsdale Tech State/Province: Arizona Tech Postal Code: 85260 Tech Country: US Tech Phone: +1.4806242599 Tech Phone Ext: Tech Fax: +1.4806242598 Tech Fax Ext: Tech Email: PGCOASTAL.COM@domainsbyproxy.com Registry Admin ID: Not Available From Registry Admin Name: Registration Private Admin Organization: Domains By Proxy, LLC Admin Street: DomainsByProxy.com Admin Street: 14455 N. Hayden Road Admin City: Scottsdale Admin State/Province: Arizona Admin Postal Code: 85260 Admin Country: US Admin Phone: +1.4806242599 Admin Phone Ext: Admin Fax: +1.4806242598 Admin Fax Ext: Admin Email: PGCOASTAL.COM@domainsbyproxy.com Name Server: NS33.DOMAINCONTROL.COM Name Server: NS34.DOMAINCONTROL.COM DNSSEC: unsigned URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/ -status-codes-2014-06-16-en without notice. |