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Realtor for Team Reba of RE/MAX Metro Realty
June 2003—present
When you need to buy or sell a home in Seattle or King County, the professionals of Team…
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When you need to buy or sell a home in Seattle or King County, the professionals of Team…
Specialties:
Short sale experience, residential sales, commercial broker (multi-family)
Certifications
& Awards:
& Awards:
Certified Distressed Property Expert (CDPE), Accredited Buyer Representative (ABR), Senior Real Estate Specialist (SRES), RE/MAX Hall of Fame Award, Platinum
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About:
Rebecca "Reba" Haas has been in corporate sales, high level B-2-B contract negotiation, marketing and real estate for over 18 years with a reputation as
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Testimonials:
"Nothing could be improved upon. Reba and her whole team were fabulous. Everything and everyone worked like a well-tuned machine! I would recommend them
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Reba Haas answered:
Some attorneys are also able to answer the tax questions so you may be able to get advice from one person rather than having a herd of contacts, but you will need to narrow down your options soon since you mention the NTS is likely to be put in place by mid-Feb. Bankruptcy may make it more difficult to sell the home, but it all depends on how the bankruptcy is done and if the property is handled in or out of the proceedings.
You've got much to sort out and I hope you've already started taking the good advice that is posted here to sort out your situation. I do work with an investment group that purchases homes in short sale position, you can learn about them at this website if it seems that it is a good fit for you to consider once you've talked with other professionals: http://www.donedealsolutions.com
Your headline didn't say if this was your primary residence but the comments below about the Mortgage Debt Relief Act are correct and so far this will expire at the end of 2009, although there are discussions about extending it. This and the Dept of Revenue's (DOR) recent switch to not require payment of Real Estate Excise Tax (REET) on the forgiven debt amount is a one year, I believe, situation that could change later so now is a good time to consider this option if it is right for your situation.
You've got much to sort out and I hope you've already started taking the good advice that is posted here to sort out your situation. I do work with an investment group that purchases homes in short sale position, you can learn about them at this website if it seems that it is a good fit for you to consider once you've talked with other professionals: http://www.donedealsolutions.com
Your headline didn't say if this was your primary residence but the comments below about the Mortgage Debt Relief Act are correct and so far this will expire at the end of 2009, although there are discussions about extending it. This and the Dept of Revenue's (DOR) recent switch to not require payment of Real Estate Excise Tax (REET) on the forgiven debt amount is a one year, I believe, situation that could change later so now is a good time to consider this option if it is right for your situation.
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