SB 401…More News…Great Relief for Tax Payers and Short Sales
Check this out...according to Sacremento Bee (april 9, 2010)...The Governator is going to sign SB 401 as soon as this week. SB 401 is "lock step" in line with IRS Mortgage Debt Relief Act of 2007 forgiving any tax liabilities afforded Californians that took advantage...
Check This Out…Daily Bulletin Highlights Short Sales, HAFA and Kris & Kim Darney
Real estate specialist Kris Darney on Thursday walks through a Rancho Cucamonga home whose owners are hoping it will be purchased in a short sale instead of being lost to foreclosure. (Mediha Fejzagic DiMartino/Staff Photographer) Read...
We received This Email from Wells Fargo…They Want To Sell Short Sales!
April 2010 The spring selling season is upon us and opportunities abound to boost the housing market and get it on a positive track. We have the advantages of low interest rates, affordable housing stock and the homebuyer tax credits that expire within just a few...
Governer Schwarzenegger Supports Short Sales…Will Sign CA SB 401 to Relieve State Tax Penalties
California SB 401is on its way to The Governator's office for a signature...according to his staff. This law protects California Home Owners against taxation on presumed "gains" from Short Sales. What do we mean by this? Homeowners that sold their homes via Short Sale...
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