Short Sale Tempe, AZ

Tempe Short Sale Approval Experts

Get Started With Your Short Sale Here

We serve Washington State, California, Oregon, Nevada and Arizona.

We can help with your short sale. And our service is no cost to you!
When it comes to a Short Sale vs Foreclosure there are some
very large advantages to doing a short sale. 
What is a short sale?
Per Wikipedia "A short sale is a sale of real estate in which
the sale proceeds fall short of the balance owed on the property's loan.
It often occurs when a borrower cannot pay the mortgage loan on their
property, but the lender decides that selling the property at a moderate loss
is better than pressing the borrower. Both parties consent to the short sale
process, because it allows them to avoid foreclosure, which involves hefty fees
for the bank and poorer credit report outcomes for the borrowers. This agreement,
however, does not necessarily release the borrower from the obligation
to pay the remaining balance of the loan, known as the deficiency....wikipedia"
 

There is no cost to.

The bank will pay our compensation for getting the property sold.
At the same time we will look out for your interests and take the pain
and confusion out of doing a short sale. We provide, at no cost to you,
an ethical and professional solution. While it is possible to negotiate
on your own most often the bank will want your property listed with a
real estate professional. Our affiliation with HomeWorks Real Estate
gives us tremendous negotiating power. HomeWorks Real Estate
has successfully listed and sold thousands of properties.

Short Sale vs. Foreclosure. Why do a short sale?

Banks really don't want to foreclose on a property under most
circumstances. They would rather discount the loan in a short sale.
This saves the bank a lot of wasted time and expense. A short
sale saves you the negative effects of having a foreclosure.

Are there tax implications in doing a short sale?

Yes but you can usually get the IRS to waive them. The Mortgage Forgiveness
Debt Relief Act was introduced in Congress on September 25, 2007, and
became law on December 20, 2007. This act offered relief to homeowners who
would formerly owe taxes on forgiven mortgage debt after facing foreclosure.
The act extends such relief for three years, applying to debts discharged in calendar
year 2007 through 2009. (With the Emergency Economic Stabilization Act of 2008,
this tax relief was extended another three years, covering debts discharged
through calendar year 2012.)
 
Form 982 Reduction of Tax Attributes Due to Discharge of Indebtedness.
(Click to open) and you should speak to your accountant because the IRS
will often grant a hardship waiver even on a property that is not a principle residence.
(Note: we are not accountants and do not provide accounting or legal advice. All information
contained herein should be verified with a certified accountant and or qualified attorney


            

WA License# WE-BB-ER-A638OT. OR License# 200306091. CA License# 00582834. AZ License# BR539425000. NV License# B.0022885.CORP.

 

If you live in California, Arizona, Nevada, Oregon or Washington state we likely have you covered for a short sale in your area. These are just a few of the

cities we serve. If you don't see your city call us 1-800-840-2248

Cardiff, Stevenson Ranch, Fullerton, Coronado, Palo Alto, Menlo Park, Sierra Madre, St Helens, Beaverton, Ladera Ranch,

Coquille, Birkenfeld, Colton, EVERSON, The Sea Ranch, Highland, , Lincoln, Orinda, Sonoma,

Lacey, MARINA DEL REY, Pomona, Estacada, Orcutt, Snohomish, Signal Hill, Quncy, Agoura, Tygh Valley, Westfir, Anacortes, Sebastopol,

Camp Meeker, California, Corbett, Rancho Cordova, Bay Point, Bandon, Murriea,

Cave Junction, Graham, Palm Springs, West Covina, Welches, Fountain Hills, Aloha, Cave Creek, Forest Grove, Ventura,

Belmont, Steilacoom, Fort Bragg, El Cerrito, Milwaukie, Silverado, Thousand Oaks, Fountain Valley, Gladstone, Caruthers,

Stinson Beach, Salton City, El Dorado Hills, Ronald, Fremont, Pleasonton, Ojai, Arizona, La Mirada, La Center,

Topanga, Avondale, Fort Bragg, Burlington, Oregon, Santa Fe Springs, Walnut Creek, Nuevo, Port Hadlock, Monroe,

Pico Rivera, TRUCKEE, Hood River, Poulsbo, view park, Galt, Des Moines, Palmdale, El Cajon, Monroe,

Castle Rock, Mather, Centralia, Avondale, Banning, Sausalito, EAGLE CREEK, Descanso, Culver City, Coalinga,

San Francisco, Edgewood, W Los Angeles, GUERNEVILLE, Linden, Gold Canyon, Marana, Cameron, Silver Lake, Freeland,

Orting, Decatur Island, Eagle Rock, Sheridan, San Clemente, Fairfield, North Tustin, Shadow Hills, FOX ISLAND, Ukiah,

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