I have worked with multiple home owners on listing their property and waiting too long for the bank to say, "Yes." I have recently been educated on how to package offers on homes and getting a response from the Lender as early as 2 weeks. This system is fast and has multiple positives to it.
A typical scenario would be for a home owner to be insolvent to pay any more debt. They can no longer afford their mortgage and are ready to walk away. The home owner owes $450,000 and the new sales are $320,000. I offer them a way to save their credit and not ruin their credit with a foreclosure.
The "Debt Forgiveness Act" has allowed home owner's to receive 1099 for the difference in a sale/foreclosure. In this case, it was upside down $130,000. This new bill that was past would allow the Home Owner to excluded from paying taxes on that 1099. (Restrictions do apply and contact a Tax Consultant for any tax questions)
ALLOW ME TO BUY YOUR HOME TODAY! CALL AT 909-559-0270
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