The risk of Foreclosure with HOAs

Many of our clients are surprised when we tell them that the Homeowners Association that runs their condominium complex can foreclose on their property for past due Association fees.  In Massachusetts they can foreclose even if you are current on your mortgage!   Many of the associations turn these properties over to an attorney to process and on top of.....

Mortgage … Line of Credit … Liens … Oh my!

The percentages are up!  The short sales that we are getting approved now don’t just have a primary mortgage to negotiate.  Its more common to see  junior liens (second mortgage or line of equity) on the home, and more and more there are Orders of Executions against the property as well.  Orders of Executions are.....

Tax implications still up in the air!

  We often get asked what the tax implications are for a seller when doing a short sale on their home.  It’s always best to ask your  tax questions to your Certified Public Accountant that knows your circumstances, and I am not a CPA, however here is some general information that may be helpful. A short.....

14 Money Making Activities to Boost Your Real Estate Income in 2014

With the first week or so of 2014 now behind us, how are you feeling about 2014? If you are like most real estate agents (and most people), you get supercharged in the later part of the previous year to make the New Year the best that it can be. You plan your new diet;.....

Warm Welcome to AAClosings Website

Welcome to AAClosings’ Website – The online knowledgebase for realtors and buyers/sellers. This is your first post. Edit or delete it, then start blogging! In sales, it’s vitally important to track receipts. Often, receipts offer you the opportunity to save tax dollars when it comes to items that you can write off. Have you ever ended.....