Nothing is worse than getting a Rocklin short sale approval from the bank, only to have the buyer back out at the last minute. Unfortunately, this is happening a lot lately. A lot of buyers can't follow through with a sale because their circumstances change, they can no longer qualify for the loan, or they're scared that they are overpaying and prices are still falling. What happens when a buyer backs out of a Rocklin short sale? It's important to get another offer right away. Put it … (4 comments)
Short sales are relieving hundreds of Rocklin homeowners from the financial stress of upside-down mortgages. Since the beginning of 2011, there have been 27 homes sold as short sales in Rocklin. However, short sales come with a lot of questions: Will I have tax liability? How long will I be able to stay in my home? When will I be able to buy again? I am Allan Sanchez, Rocklin Short Sale Specialist, and I have sold over 100 homes in Rocklin and surrounding areas in Placer County. I know the real estate market, how to … (0 comments)
short sale specialist rocklin: Short Sale Rocklin-Can You Short Sale with an IRS Tax Lien?
- 02/09/11 10:54 AM
Short Sale Rocklin-Can You Short Sale with an IRS Tax Lien? If you have an IRS tax lien, can you still short sale your Rocklin home? The answer is yes! Hear Laura Peachey from Stewart Title in Roseville explain how to remove your IRS tax lien and short sale in Rocklin: Once you list your home as a short sale in Rocklin, it's important to start the lien release process. It is best to have Stewart Title communicate with the IRS as the point person. They will obtain a Certificate of Release from the IRS so you can close escrow. The release takes … (0 comments)
Last month, 17 homes sold as short sales in Rocklin. In past years, short sales were almost impossible to close because lenders weren't willing to accept less than the full mortgage payment. However, short sales have greatly evolved in the last two years and we are seeing several short sales in Rocklin sell every month. If you owe more on your home than it's currently worth, and you need to sell your home, you should consider a short sale for your Rocklin home. Benefits to Short Selling Your Rocklin Home: You will … (0 comments)
The Buyer Backed Out of Your Rocklin Short Sale - Now What?
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