Month: January 2013

Step #1 to Short Sale Freedom

Do You Have A Chase Loan?

Here are some good resources for you if you have a Chase Loan: Short Sale Package Link:

Bank of America Required Short Sale Documents

I handle a lot of Bank of America Short Sales.  Below you will find very specific documents that are required when applying for a short sale with Bank of America. Link to Bank of America Third Party Authorization Link to Bank of America Buyer Acknowledgment  Link to Bank of America Short Sale Addendum and Licensee Cert Link to Bank…

You May Not Need To Do A Short Sale

Just this week I was able to show 3 sellers how they could get out of their property without doing a short sale.  With the lack of inventory, property positioning and marketing  and the right agent – you may be able to get out of your home without doing a short sale.  This does not…

Great news for short sales sellers in 2013!

Great news for short sales sellers in 2013! The Mortgage Forgiveness Debt Relief Act, set to expire January 1, has been extended through 2013. This is thousands of dollars in tax savings! The 2007 act allows taxpayers to exempt mortgage debt forgiven by a lender in a loan modification, short sale or foreclosure. They can avoid…