Folsom Short Sale Specialist Announces Debt Relief Act Extended
[caption id="attachment_5900" align="aligncenter" width="400" caption="Mortgage Tax Relief Extended"][/caption] California state Taxes after short sale Folsom Certified Short Sale Specialist: what about California's Mortgage Debt Relief Act? Short Sales, Foreclosures and loan modifications are still non taxable events as far as federal taxes are concerned... the Mortgage Debt Relief Act of 2007 provisions have been extended. Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. The “American Taxpayer Relief Act of 2012’’ extends mortgage cancellation relief for home owners or sellers who have a portion of their mortgage debt forgiven by their lender, typically in a short sale or foreclosure sale for sellers and in a modification for owners. Without the extension, any...
What Documents Are Required For A Short Sale? The “Killer” Short Sale File
[caption id="attachment_4876" align="aligncenter" width="212" caption="A Great Short Sale Package Is The Beginning To A Successful Short Sale"][/caption] Investigating a Short Sale? Contact us Today At Forth Hoyt’s Sacramento Short Sale Center What documents go in a short sale package? Folsom Certified Short Sale Specialist and Certified Short Sale Negotiator Forth Hoyt talks about the benefits of putting together a "killer" short sale file. A well organized, complete, well thought out, strategically orchestrated, professional looking short sale package allows the bank or servicers short sale negotiator to have everything they need to to begin the process of negotiating your short sale with the investor (the owner of your note). Organized, concise, indexed and complete, a killer short sale file sets your file apart from...
Sacramento Area Certified Short Sale Specialist Answers: Why Do A Short Sale?
Short Sale- A Better Route NEWEST Government Programs … Check Your Eligibility Now. Certified Sacramento area short sale expert Forth Hoyt answers questions on Foreclosure Avoidance and Short Sales. Many Sacramento area homeowners are looking for foreclosure options and foreclosure avoidance advice from a Short Sale Expert. Many already know how they want to proceed and are looking for a short sale agent. As a Folsom short sale agent and top Sacramento area short sale Realtor, I am frequently asked about why a homeowner should stay out of foreclosure. "Why Not Just Go To Foreclosure?" To stay in control of the situation, get through the process faster and reduce the damage to your credit. Foreclosures damage to credit is not only...
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