Under present legislation, any debt forgiven by a lender in a short sale, loan modification, or foreclosure is exempt from federal taxation. However, ... Read More
New Guidelines Streamline Short Sale Processes to Prevent Foreclosures and Help Communities Stabilize
The new short sale guidelines just announced by Fannie Mae will streamline documentation requirements, waive deficiencies for borrowers that ... Read More
Short Sales, Foreclosures and Deed-in-Lieu waiting periods
Almost every day we get a question from a client who wants to know their options for getting a mortgage after experiencing a short sale or ... Read More
Sadly, Foreclosures won’t be stopped for the Holidays
Despite what you might see in the media foreclosure procedures won't actaully stop for the holidays. Instead lenders including Freddie Mac, Fannie Mae ... Read More
Should you buy a Short Sale?
We're often asked, "Should I buy a short sale?" The short answer first: YES! While you are pondering whether a short sale may be the way to go, ... Read More
Short Sale Expertise
We want to provide you with a letter of recommendation for all your help in the successful short sale of our home on Amber Lane. It was very clear ... Read More