Suzy explains the past tax consequenses of a short sale and how the new “Mortgage Forgiveness Debt Relief Act of 2007 H.R. 3648″ helps people trying to complete a short sale
More information at:
sccrealestateuncensored.com/2007/mortgage-forgiveness-debt-relief-act-2007/
micasamidinero.com/2007/mortgage-forgiveness-debt-relief-act-2007/
Duration : 0:3:20
on Jun 4th, 2009 at 6:05 pm
My financial …
My financial planner says to only listen to Orman to find out what NOT to do. HE believes she’s criminally incompetent and is hurting a lot of people.
This particular video SEEMS fairly harmless, though. I’d always verify any of this information with a professional before proceeding.
on Jun 4th, 2009 at 6:05 pm
Very good …
Very good information. I am a Real Estate Broker in upstate New York and I have successfully worked with a number of Short Sales over the 19 years I have been in business. There is nothing ideal or perfect about a Short Sale vs a seller keeping their home. I would much rather they keep their home. Short Sale and Foreclosure credit ramifications are about the same, but the timeframe for buying another home are a world apart. Morally, I work to do what is best for my clients.
on Jun 4th, 2009 at 6:05 pm
the goverment …
the goverment understands that more and more people will face foreclosure….. and mortgage relief act for the difference has been extended till 12/31/2012 via the $700 billion bail out pkg
Jeff
on Jun 4th, 2009 at 6:05 pm
something like …
something like short sales or short pay is not the norm… thats why
on Jun 4th, 2009 at 6:05 pm
VERY GOOD VIDEO!!!
VERY GOOD VIDEO!!!
on Jun 4th, 2009 at 6:05 pm
This clip provides …
This clip provides very good information. But at the same times proves that the entire Real Estate industry is a game that does not concern itself with morals. One after another, hidden, hard to find, cascades of rule and regulations backed by whimsical laws, every matter of trickery to fool and rob the consumer.