Hi Folks, Temple Schneider Callahan here, Owner / Broker of Connect Real Estate Services, locally operating here in Ventura County, I help Ventura County's BEST homebuyers and home sellers, I help Ventura County's BEST, I'm connecting Ventura County's BEST home buyers and home sellers.. I'd love to list your home for sale too! Today I want to talk to you about an awesome home I have listed for sale. Selling homes is … (6 comments)
In some circumstances, such as a multiple offer situation, the easiest way to get favor with the seller is to make your best offer with the seller's agent. Note: Sometimes sellers pay less commission, if only one agent is used, so that may be incentive for the seller to take your offer over someone else's. Additionally, a buyer can potentially gain more insight about the property itself, if working directly with the listing … (1 comments)
I thought this was a super offering because many times, it's hard to find out about Affordable Housing Programs, what homes qualify, how to apply, how to make offers, how much money you actually need, etc.
The workshop is on June 6, 2015, from 11am to 3pm. There will be a free lunch to boot! Well worth checking out..
temple schneider callahan: Forgiveness Debt Relief Act Extended for Short Sale Homeowners
- 02/25/15 12:33 AM
On December 16, 2014, Barak Obama signed a bill which extended the Mortgage Forgiveness Debt Relief Act. This act covers any mortgage debt which is canceled (usually via Short Sale / foreclosure / loan modification principal reduction), through the end of the year 2014.
The Mortgage Forgiveness Debt Relief Act prevents homeowners who went through a short sale, or a foreclosure, or received a "principal reduction" via loan modification - from being taxed on the amount of debt forgiven. This forgiven debt is sometimes called, "phantom income."
In order for homeowners to qualify for this tax … (3 comments)
This is a forum to share Ventura County market updates, real estate news, short sale law updates, strategies and knowledge about Ventura County real estate.
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