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What is the difference between a real estate broker and real estate agent?

I was wondering what the difference was between a real estate broker and a real estate agent? How long would you have to go to school to be either one? I pretty much got my answer to this question. Can a real estate broker act as both a broker as well as the agent? I [...]

What the the financial tax differences between a foreclosure and a short sale in California?

What taxes will I have to pay in California if I go into foreclosure? I am wondering if it’s cheaper to do a short sale or a foreclosure.

Indiana: What is the difference between defaulting and foreclosure on a mortage?

Curious as to the difference between defaulting and foreclosure on a mortage? What are the different things that could happen if you keep one house and need to get rid of another wheather it be defautling or foreclosure? What are both possible outcomes?

What’s the difference between bank foreclosure and homeowner’s association foreclosure?

My sister is already facing bank foreclosure but she also just got a letter saying that she will be facing homeowner’s association foreclosure because of unpaid dues. They’re filling a lien against her … I don’t understand the difference … I thought only banks could foreclose.

What’s the difference between a regular foreclosure and an REO foreclosure?

I’ve been looking up foreclosures at the county office to buy a foreclosure (the ones about to be auctioned). Someone said I should be looking at REO foreclosures. What’s the difference, and how do I buy one and or get info on these?

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