Lenders are slashing prices on Short Sales
The word is out that lenders are slashing prices on short sales across the country. What does this mean for you? Well, a couple things. First of all if you are a homebuyer you can pick up especially good deals and be able to low ball offers on short sales (within reason) and have a […]
Do I Have To Pay Taxes on a Real Estate Short Sale
Do I Have to Pay Taxes on a Real Estate Short Sale? This is a much asked question in the real estate industry. Due to the tremendous record number of short sales in the US thousands of homeowners want to know if they have to pay taxes on a short sale.
This information about […]
What is a Short Sale?
What is a Short Sale? By now most people who own real estate have heard the term “short sale” but they may not understand what it means. A real short definition of the term short sale is the home sells for less than the combined mortgages on the property.
This is accomplished thru […]
