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New Tax Rules for Short Sales - Foreclosures

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Uploaded by on Jul 18, 2008

Suzy explains the past tax consequenses of a short sale and how the new "Mortgage Forgiveness Debt Relief Act of 2007 H.R. 3648" helps people trying to complete a short sale
More information at:
sccrealestateuncensored.com/2007/mortgage-forgiveness-debt-relief-act-2007/

micasamidinero.com/2007/mortgage-forgiveness-debt-relief-act-2007/

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  • She is one of the most annoying people on the planet, she can't even explain things presicely.

  • what a bullshit bunch of words she puts together here to explain a 'short sale'.

    "you sell the house for less than what you owe and they simply dismiss the loan..."

    Yo, people, the pretty lady has her head up her ass.

    I hope she gets sued for providing this sort of wrong information.

  • Love the Short Sale Option Way to spell it out for all to see clearly.

    Thank you Suze

  • Take a look at the YouTube video-- Mortgage Tsunami Two: 2011-2013

    An animated presentation of the ARM underwater default crisis that is currently brewing.

  • This has been extended through 2012. Search the IRS website for "The Mortgage Forgiveness Debt Relief Act and Debt Cancellation "

  • * Hey I have a medicine for crisis economy No More forecloses, short sales, or modification. Let’s work together… Banks (Lenders) don’t lose your customers! Call them and make them an offer wave 50 to 60 thousand off from there original balance. Customers become motivated to keep there homes. Home owners (customers) don’t loose your homes, call your bank ask for a 50 to 60 thousand wave in your original balance.

  • * * * So don’t foreclosure, don’t shortsale, Save Your Home!

    Lets unite and bug, bug, bug the banks (lenders) to help save your home!

    Please help forward this maybe we can make a difference.

  • love you

  • You need to talk to an agent that is knowledge in short sales so you have a better understanding of the short sale. Income taxes, there are government guidelines that you can look up to find if you will pay taxes or not. You on a commercial on TV recently gave the wrong advice about this to someone in the audience. Candace Kunkel-CDPE RE/dMAX On The Move

  • IMPORTANT!!! Watch, A HOME FIT FOR ROYALTY!!!

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