The tax break for forgiven mortgage debt was extended by lawmakers as part of their “fiscal cliff” legislation passed in December. The extension is good through 2013. I posted last month that many … Continue reading...
Colorado Short Sales Surge Before Potential Tax Hike
Many sellers and their agents are rushing to get their short sales sold by the end of the year. That's when a tax break expires that could leave borrowers responsible for taxes on any unpaid mortgage … Continue reading...
$3000 HAFA Incentive For Short Sale Homeowners Becoming More Popular In Colorado
The Making Home Affordable (MHA) program was introduced in 2009 to try and help stabilize the housing market by offering some alternatives to struggling home owners. Part of this program was the … Continue reading...
Short Sale Secrets Most Realtors (and Banks) Will Never Tell You
Short sales have become a recurring theme in my recent posts, but for good reason. Almost half of the homes for sale in the Denver Metro MLS are distressed, meaning a foreclosure or a short sale. For … Continue reading...
Is Short Sale Better Than Foreclosure in Colorado
Many people ask if a short sale is better than a foreclosure in Colorado. This is a good question and there isn't a one size fits all answer. There are a lot of things to consider but many times a … Continue reading...
