Are you one of the many home owners who stopped paying on their mortgage and yet is not too interested in taking the foreclosure route? Short Sale is a great alternative and one you should look at now!
The best short sale seller is the one who is cooperative. First, your home needs to be listed. There is paper work that needs to be filled out and this usually happens again during the process.
What is gained is your life back knowing your credit will be repaired as long as you are paying all of your other bills on time all the time.
Keep in mind the mortgage forgiveness relief act was extended to December 31, 2013. Normal your lost money is considered taxable income by the IRS. With this law only here until the end of this year 2013, a borrower can be excused from paying tax on forgiven mortgage debt, so long as the debt is secured by a principal residence and the total amount of the outstanding does not exceed the original purchase price plus improvements.
Call Susan Penn at 954-557-5993 and let's sell your home today!
Susan Penn, PA, SFR, CDPE http://about.me/HomesForSale_SusanJPennPA
EWM Realtors® | A HomeServices of America Company | An Affiliate of Berkshire Hathaway
2000 Main Street, Suite 103 | Weston, FL 33326 www.susanpenn.com
T: 954.306.7337 | C: 954.557.5993 | F: 954.515.0200 | firstname.lastname@example.org | www.ewm.com