“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Thinking About Short Selling Your Home? Don't Wait Until It's Too Late!

If you are thinking about short selling your home or walking away, you need to be aware
that the Mortgage Debt Relief Act expires at the end of this year. This means the amount
forgiven in a short sale or foreclosure will then be taxable on federal income taxes.

View this article for more detials.

As short sales can be lengthy, this means 2012 is the year to make your decision.

Please contact me at (408) 591-7778 if you are interested in me and my team assisting
you with your decision. You should always consult with your tax consultant and attorney
before making your final decision, but we can provide you with pertinent information as well.

Don't wait until it's too late!

Posted Thursday Jan 12