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Contemplating a Short Sale? The time to act is now!

By Marcelo V. Mayol

Real Estate Agent with Realty One Group DRE #63927

July 21, 2013 04:13 AM

#LasVegasShortSales

Homeowners, if you're contemplating a Short Sale the time to act is now! The Mortgage Forgiveness Debt Relief Act of 2007 was extended through the end of 2013. Some Short Sales can take several months to complete, so don't wait!

CONTACT ME TODAY and get rid of that upside down/sinking house!

Marcelo V. Mayol

702-812-9990

www.ShortSaleInfoLV.com

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George Kando, New England Realty Group

New England Realty Group - Scarborough, ME

Southern Maine's Real Estate Team of Choice

Hi Marcelo, great heads up . What happens to people who need a short sale after the end of the year. Do you think our divided government will extend this bill?

Jul 21, 2013 05:15 AM

Marcelo V. Mayol

Realty One Group - Las Vegas, NV

The Mayol Realty Group

Hello George, If the bill isn't extended again, any short sales closing after 12/31/13 will be subject to being taxed on the deficient amount.

Jul 21, 2013 05:29 AM