Tag: Short Sale
Tax and Credit Implications of the Short Sale
Is this really the ultra-savvy financial move it is made out to be, or are real estate agents and foreclosure rescue firms glossing over the ugly tax and credit implications of a short sale? Why Care About My Credit if I Already Have Late Payments? If you have already taken some hits to your credit…
How to Buy a Short Sale Home
What ever happened to the days when a homeowner who just wanted to sell his home found a willing buyer and, after several negotiations, the home sold? The economy, silly. The real estate market’s tumble into the ashes flooded the market with “distressed properties” – a sweet euphemism for homes that the owners could no…
A Short Sale Real Estate Primer
Back in real estate’s dinosaur days, the short sale specialist was a rarity. I worked with a total of one of these specialists in the entire decade and a half that I sold real estate. I, like many of his other colleagues, didn’t quite understand his specialty – how the process worked. Lucky for the…