Why Does it Take So Long to Process a Short Sale
Short Sales can be a long term enterprise but for most sellers and buyers the wait is worth the effort in debt forgiveness for the seller and equity for the buyer. The Waiting is the Hardest Part! Wel more...

Why Does it Take So Long to Process a Short Sale
Short Sales can be a long term enterprise but for most sellers and buyers the wait is worth the effort in debt forgiveness for the seller and equity for the buyer. The Waiting is the Hardes Part! Well more...

IRS TAX LIABILITY AND SHORT SALE TRANSACTIONS ON PRIMARY RESIDENCES
People who short sell their primary residence in 2016 and 2017 will not have to pay income tax related to this transaction. How the Sausage is Made The rise of short sale transactions has brought a po more...

Short Sale 101
What is a Short Sale? A short sale is a term used to describe a transaction in Real Estate when a lender or lenders accept a lower payoff amount than what is owed on a property, in order to avoid a costly foreclosure procedure and further loss. Short sales are frequently the be... more...

How Long Do I have to wait to Buy after a Short Sale or Deed in Lieu of Foreclosure
One of the most important questions I get from prospective short sellers is, How long until we can purchase a house again? As lawyers are prone to answer questions, It depends. Below is a rough outline of the most common scenarios regarding getting back into the home ownership g... more...