Need to short sale??? Hope you don’t want to plan ahead!!

2015 short sellers face familiar tax risk WASHINGTON – Jan. 5, 2015 – The extension of the Mortgage Forgiveness Debt Relief Act through Dec. 31, 2014, by the Senate is good news for Americans who completed short sales in 2014. However, that good news doesn't extend to sellers currently hoping to complete a short sale [...]

January 9th, 2015|

Buying after a short sale? Let me help you!!

Although this article may SOUND discouraging, it doesn't have to be bad news!!  I work with several lenders who can get people who had to Short Sale into a new home just 1 year after the Short Sale is finalized.  JUST CALL ME TO DISCUSS YOUR OPTIONS!! 239-281-7980 Buying after a short sale? The wait [...]

December 2nd, 2014|

6 Tips for Buying a Home in a Short Sale

6 Tips for Buying a Home in a Short Sale By: G. M. Filisko Published: March 19, 2010 By preparing for a real estate short sale, you can emerge with a great home at a favorable price.   When sellers need to sell their home for less than they owe on their mortgage, they’re shooting for [...]

July 14th, 2014|

Did you file a short sale? Get foreclosed on? BUYING NOW MAY BE EASIER THAN YOU THINK

‘Boomerang’ buyers get second chance NEW YORK – June 17, 2014   About 7.2 million homes have been lost to foreclosure or short sale since the housing crash began, according to housing data from Black Knight Financial Services. That has forced millions of former homeowners into renting, as they work to rebuild their credit.But a government [...]

July 1st, 2014|

Buying after a short sale or foreclosure

I recently worked with a buyer who had completed a short sale just 13 months prior.  This Buyer, who I will call ShortSold Sam, was able to purchase the home with only 3.5% down and the seller was able to contribute to up to 6% to cover ShortSold Sam's closing costs. Many people I speak [...]

April 17th, 2014|

Short-sale surge may end as foreclosures gain favor

Short-sale surge may end as foreclosures gain favor NEW YORK – Dec. 2, 2013 – As home prices rise, lenders are showing less willingness to grant short sales, RealtyTrac reports. The number of short sales has been gradually dropping the last few months. Short sales represented 5.3 percent of all sales in October, down from [...]

December 4th, 2013|

Thinking of Short Selling Your Home- ACT NOW!!

Short sales can easily take many moons to close!  List now to insure your home sells prior to year end.... Otherwise you will have a HEFTY TAX BILL Tax relief on mortgage debt forgiveness ends in 2013 - Los Angeles Times. Tax relief on mortgage debt forgiveness ends in 2013, so hurry The tax-relief law [...]

May 24th, 2013|
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