There are discount brokers who will discount their fees and services to you. I think you get what you pay for though.
A good person to consider selling your home would be Donna Harris with http://www.donnahomes.com/
She leverages technology to help get top dollar for her client's homes.
Good luck!!... more
No, if a seller sells their home for less than what they owe on the mortgage and the lender approves the short sale then the seller is forgiven of the debt. In the past the seller may have received a 1099 from the lender stating the amount forgiven was income to be taxed, but in December of 2007 The Mortgage Forgiveness Debt Relief Act of 2007 was passed to solve this issue for homeowners.
This provision applies to debt forgiven in calendar years 2007 through 2012. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million if married filing separately). The exclusion does not apply if the discharge is due to services performed for the lender or any other reason not directly related to a decline in the home’s value or the taxpayer’s financial condition.
The amount forgiven must still be reported on Form 982 when filing IRS income taxes.
See this link to the IRS for details: http://www.irs.gov/individuals/article/0,,id=179414,00.html... more