URGENT!
For Those at Risk of Losing Their Home.
Tax Relief Act Ends 12-31-2012
What You Should Know?
If you short sale or lose your home after 12-31-2012, you will be taxed on the deficient amount as income. For Example: If you have mortgages of $600,000 and the bank receives $300,000. You may have taxable income of $300,000.
Also, on July 15th, 2011, CA Senate Bill 458 No-Recourse Short Sale Bill was passed. It requires & guarantees you will be forgiven on all debt after a short sale in CA. With less impact on your credit & a shorter recovery time, a short sale is, in our opinion, the best option if a loan modification does not work.
Foreclosures should be the last resort. They can be detrimental to relationships & families emotionally & financially. Our job is to help you find a solution so that you and your family can move forward.
Is This You?
or Someone You Know?
- Loan modification was declined?
- Experiencing a financial hardship?
- Behind on payments?
- Upside down on your mortgage?
- Received a notice of default or sale date?
We Help You Decide:
- Can You Keep Your Home?
- Short Sale or Default?
**Call to discuss your individual needs.**
We Can Help! Our Services Are FREE To You!
"Questions about...
Loan Modifications?
Short Sales?
Foreclosures?
Just Call & Ask Us!"