short sales: Short Sale Talking Points - 01/14/11 11:19 AM
Sellers facing serious hardship have found that banks are considering short sale offers prior to foreclosing on a property. The bank benefits by the quick disposal of a problem situation and is usually willing to talk, if you follow their rules precisely. Some are more cooperative than others.
In addition to the advice I give in the video below remember to discuss the tax implications of a short sale with your financial advisor. It is critical you involve an expert to understand the financial implications of debt forgiveness.
Use the video to spark discussions with your Realtor®. There are many more … (0 comments)

 
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Phil Bradbury

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ERA Brokers Consolidated

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