Should I Short Sale My Home?
The single biggest complaint homeowner has is knowing how the short sale process works,Should I Short Sale My Home? Articles and if the short sale will stop the foreclosure process.
As a homeowner who is facing the scariest and worst market for selling a home in decades it is important to have a guide along the way that help you understand what will or will not happen when and if you get a buyer for your home.
As a homeowner, it is reasonable to want to understand the tax laws to avoid capital gain or loss. It is equally reasonable for a homeowner to want to be able to sell his or her home before the sheriff sale.
As a homeowner, the short sale and the pending foreclosure can become overwhelming. In order to make the short sale an easier process it is important to understand the process and the options and choices that the homeowners have during the process.
There is an amazing new book “Should I Short Sale My Home.” It covers nearly everything you need to know about the short sale process and the effects the sale has on your federal income taxes.
Imagine having knowing how to get your home sold before the sheriff’s sale. Would that be nice? And can you imagine how great you’ll feel to have a clear and precise package to present to the lender to get the home sold before it is foreclosed on.
Just a few weeks from now you will understand what a short sale is and what happens if you are an insolvency homeowner who sold your home in a short sale.
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Did you hear that sold your home in the short sale? Some homeowners list his or her home and it does not sell before the foreclosure, and the homeowner does not understand why the home did not sell.
And it’s not like any book you may have read on short sale of home before foreclosure, the book gives you all of the recent changes to the law that helps the insolvent homeowner and helps the homeowner understand the process of the short sale.
Why?
Simply, every section in the book is there because you asked for it. Well, not “you” really. But from real live questions. Questions from people who have tried to sell their properties and sold their properties using a short sale, and the homeowner wants to make sure all the capital gain or loss is not going to negative affect him or her at tax time. Questions from homeowners who wanted to know if they can ever own a home again after selling their home using a short sale. A face to face question and answer section was completed.
And imagine the selling your home before the sheriff sale. You can definitely do that. Imagine being in control of selling your home. Some homeowners are able to buy a home in 4 to 6 years after the short sale. Not bad just for selling your home before the sheriff sale, huh?
· You can save your family from the embarrassment of the foreclosure process
· You can save on federal income taxes by proving that you are insolvent due to job loss, medical bills, etc.
