Will your Short Sale or Foreclosure cost you Big Bucks?

The Morgage Forgiveness Debt Relief Act of 2007 has not been extended yet

On the fence sellers considering a Short Sale may want to review the current Mortgage Forgiveness Debt Relief Act of 2007 on the IRS website. The provision, which currently allows taxpayers to "exclude income from the discharge ...

Options for Struggling Homeowners

Options for Homeowners Struggling with the Housing Market

In today's climate, many homeowners are struggling with the decision to default due to loss of value, loss of income, and the inability to refinance to reduce mortgage payments. There are options available for homeowners not sure what the next step ...

San Diego Short Sales

Tips for Homeowners Seeking a Short Sale

It's a New Year, full of anticipation of how the market will perform. Will interest rates go up? Will politics effect the market? Have we reached the bottom on housing prices? All of the answers remain to be seen, however homeowners underwater ...

Top Do's and Don't for Short Sales

Short Sales: Tips for a Smooth Sale

Although there are an abundance of Short Sales on the market right now with hot properties priced accordingly receiving multiple offers, it's no wonder that buyer question making an offer on Short Sale Listing. Can they really win and outbid cash buyers ...