Person Holly Roberson firstname.lastname@example.org
Patch's House & Home
Are you thinking about buying a short sale? Many people would gasp or look at you sympathetically if you told them you were buying a short sale.
I read a blog post by another agent the other day. He had a long story about a short sale that he worked on that was so difficult. He said the lender sent him a form on Friday.
A question from another agent on short sale negotiations. Here was their email.
"I am having a problem on a short sale and would like to know how to avoid
it next time."
I am so sick of the incompetence and arrogance of people in the banking industry! It seems like the incompetence never ends.
Yesterday we discussed a serious problem affecting the short sale industry. Today, we are going to lay out a strategy that the short sale sellers can use to help solve this problem.
Here is a way that any seller can help with the short sale. First off, the biggest problem is that there is very little accountability in the short sale industry.
The Mortgage Forgiveness Debt Relief Act of 2007 allows most people to short sale their home and not owe any income taxes on the forgiven debt.
The Mortgage Forgiveness Debt Relief Act does not automatically release you from your mortgage debt after a short sale.
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