Short Sale Orlando FL Dr Phillips

What We Do: Short Sale Orlando FL Dr Phillips

Dear

Property Owner , Before contacting us to help you with a SHORT SALE ,please make sure you that you had extinguished all the available resources in order for you to keep the property, including the Obama Plan as a Loan modification opportunity. Kindly please notice that time is going too fast and you have until Dec. 31^st 2012 to do a SHORT SALE or you may owe federal income taxes to the IRS in 2013 ( see below).

If you think that SHORT SALE is the last resource for you to get rid of all those worries and stress, please allow us to help you, we understand that this is a very sensitive and difficult time. We are experienced professionals and compassionate to your needs and will try to make this process as easy and painless as possible from this point forward. WE OFFER YOU A FREE CONSULTATION

Dear

Property Buyer, We can offer you a variety of SHORT SALE properties that are on the market right now but kindly please do forget that this SHORT SALE process takes time, be patience with the process so we can get you the best results and return for your investment.

WARNING TO THE PROPERTY OWNER

You may have to SHORT SALE your property before Dec-31-2012

Or you may owe federal income taxes to the IRS in 2013

WASHINGTON? Jan. 9, 2012? You may owe federal income taxes in 2013 if you have a short sale, foreclosure after this year. Now is the time to make the hard decision: Are you going to walk away from your underwater home?

Uncle Sam is still giving homeowners until Dec. 31, 2012, to go through a short sale or foreclosure without tax consequences? As long as the lender officially releases the debt.

But on Jan. 1, 2013, the rules change: The amount a lender forgives ether in a short sale or foreclosure, on a primary residence will be taxable on federal income taxes.

So if a house sold $50,000 short of what is owed on the mortgage, then the selling homeowners will owe federal income taxes on that $50,000. Homeowners would owe $12,500 if they?re in the 25 percent bracket; $7,500 if in the 15 percent tax section.

Homeowners would be on the hook even if the house sold but the bank had not formally forgiven the loan in a letter: The banks must officially sign off in writing before Dec. 31.

It?s a huge issue? It will be a shock to many taxpayers after 2012, said Mark Steber, the Florida-based chief tax officer for Jackson Hewitt Tax Service.

TYPE OF SHORT SALE PROPERTIES

Single Family House

Condominium

Condo Conversion

Town Homes

Villas

Vacation Home

Primary House

And more

IF YOU HAVE ANY OTHER QUESTION PLEASE CALL US,

WE CAN HELP YOU TO SHORT SALE YOUR PROPERTY.

These are some of the banks we have negotiated with so far:

American Home Mortgage Servicing -Argent -ASC/Wells Fargo - Aurora Loan Servicing -Bank of America / Countrywide -BNC -Central Mortgage -Chase / Wampum -CIT Group - CitiFinancial -Citi Home Equity -CitiMortgage -EMC -First Franklin -Freedom Mortgage -GMAC -Green Tree -HFC Beneficial - Homecomings -Home -HSBC -IndyMac -Litton Loan Servicing -Mo equity ? National City -Nova Star -Owen -Ohio Savings -Option One -Provident Funding -Real Time -Saxon -SPS Select Portfolio -SLS (Specialized Loan Servicing) -Sun Trust -US Bank -Wachovia (Now Wells Fargo) -Wells Fargo - Wilshire -Regions, SunTrust. ETC.

SELLER: What goes in a short sale packet?

In order to help you with your SHORT SALE you will need to present the following documents:

- Cover letter

- Purchase agreement

- Low comparable list

- List of repairs with quotes for bids

- Photos of problems with the house

- Seller's hardship letter

- Net sheet (HUD-1)

- Financial information on seller (W-2s, tax returns, etc.)

- Your formal offer, with a time limit for acceptance.

Our Company: Short Sale Orlando FL Dr Phillips

Our Company:

We are experienced Real Estate Professionals dedicated to help customers when selling or buying a real Estate Property, in this occasion we are using all our knowledge to better serve sellers or buyers of SHORT SALE properties.

We can help you buy and sell properties on the following cities:

Orlando (Central Florida)

Miami

Kendall

Coconut Grove

South Beach

And more

Easy Home Realty is a full service Real Estate Company known for integrity and experience in the State of Florida. Our Company is specialized in "Short Sales" with the assistance of "Loss Mitigation Center" a partner company, specialist in processing and negotiating this type of transactions. We will be glad to provide you the best service for all your Real Estate needs...

When you need the services of a Realtor, why not hire someone that will make you and your real estate goals #1?

Home buyers are using the Internet in increasing numbers each day to research information on properties. Reports state that approximately 80% do their initial home search on the web.

The Internet now outpaces classified advertising for attracting Buyers to properties.

Our website provides invaluable information on the Buying and Selling process. This site makes it convenient for you to preview available properties and narrow your search to help you get ready before you contact a Realtor. Of course, when you are ready to discuss your real estate needs and goals, or if you have any questions, Easy professional team is always available to help.

FREQUENT ASKED QUESTIONS

What is a SHORT SALE? A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens' full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. After Dec. 31st 2012 the bank will charge you for the deficiency produced by the difference between the money you owed towards the mortgage and the price that the property was sold for on the short sale. The bank will send you a 1099 form as a salary earned by you and you will have to pay taxes of it.

After my Bankruptcy, is the house still mine? Yes, you are still the owner of the property until the bank gets it sold on a Foreclosure Sale. It?s best if you do immediately a SHORT SALE before or after Bankruptcy.

Can I do a SHORT SALE after a BANKRAPTCY? Yes you can, it is not easy, let us do the hard work.

Can I stop the FORECLOSURE SALE of my property? Yes you can, we can help you do it at no cost

Is it true that the banks give money to move out when doing a SHORT SALE? As per my knowledge very seldom, only a few banks do it. CALL US, FREE CONSULTATION

ARTICLE

WARNING TO THE PROPERTY OWNER

You may have to SHORT SALE your property before Dec-31-2012

Or you may owe federal income taxes to the IRS in 2013

Uncle Sam is still giving homeowners until Dec. 31, 2012, to go through a short sale or foreclosure without tax consequences? As long as the lender officially releases the debt.

But on Jan. 1, 2013, the rules change: The amount a lender forgives ether in a short sale or foreclosure, on a primary residence will be taxable on federal income taxes.

Homeowners would be on the hook even if the house sold but the bank had not formally forgiven the loan in a letter: The banks must officially sign off in writing before Dec. 31.

It?s a huge issue? It will be a shock to many taxpayers after 2012, said Mark Steber, the Florida-based chief tax officer for Jackson Hewitt Tax Service.

FREQUENT ASKED QUESTIONS

Owner cannot afford to repay the liens' full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. After Dec. 31st 2012 the bank will charge you for the deficiency produced by the difference between the money you owed towards the mortgage and the price that the property was sold for on the short sale. The bank will send you a 1099 form as a salary earned by you and you will have to pay taxes of it.

Can I do a SHORT SALE after a BANKRAPTCY? Yes you can, it is not easy, let us do the hard work.

Can I stop the FORECLOSURE SALE of my property? Yes you can, we can help you do it at no cost

Is it true that the banks give money to move out when doing a SHORT SALE? As per my knowledge very seldom, only a few banks do it. CALL US, FREE CONSULTATION

What goes in a short sale packet?

Since the average layperson is not familiar with the many nuances and legalities of most real estate transactions, including short sales, working with a Realtor® who specializes in this area can save prospective buyers a lot of aggravation, time and money. Whether you go it alone, or seek professional help, Frankie Orlando, author of The Pre-Foreclosure Real Estate Handbook, says you will need to present the following to a lender for any short sale: