Posted on 9. December 2009 16:45 by
'Learn how to avoid costly legal and tax mistakes from top professionals'
This is good stuff - several of my team members are very motivated and passionate, just as myself, in educating homeowners who are in distress about the ins and outs of the many times overlooked segment of tax liability and legal challenges in a short sale.
For example, here's just a couple things you should think of:
**In what circumstances does the anti-deficiency law pertain to you?
**Do you know the tax consequences if you short sale/foreclosure an investment property?
**Do you know what laws pertain to you if you short sale/foreclose on an a primary residence?
**Does your lender have the right to file a deficiency judgment?
**What exceptions can preclude a taxpayer from owing on the taxable cancellation of debt income following a short sale or foreclosure?
**Learn if you can benefit from the Mortgage Forgiveness Debt Relief Act of 2007
Are you aware that today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify and know your options. One of the excellent options available for homeowners who need to sell, and who owe more on their homes than they are worth is the "short payoff" or "short sale".
BE CAREFUL...
There are many intricacies to avoiding foreclosure through a short sale, including tax liabilities and a host of other potential pitfalls. To help educate you, you can rub elbows with some of the top industry professionals including attorneys and Certified Distress Property Experts at our "Home Rescue Seminar" in Tempe, Arizona in mid-January.
SPACE IS LIMITED
Limited space is available and it will fill up fast, so if you want to hear about this 1st before it is released to the general public, email me at Joe/at/HomeStyleTeam.com and I'll make sure you get one of the first invites.
DO NOT miss this 'Home Rescue' seminar
The information and insight you will receive is worth hundreds of dollars in consulting fees and may save you and your family from future financial hardship. You should be able to develop a plan of action on how to proceed based on current real estate law, tax laws and short sale negotiation techniques that can be applied to your unique circumstance after this seminar.
Knowing your options BEFORE listing your home is crucial. Visit my Short Sale site at: http://www.AzSPO.com for more info.
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