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Wildomar Short Sellers not subject to state income tax liability on debt forgiveness

The good news just keeps coming: As we anticipated, C.A.R. today received a letter from the California Franchise Tax Board (FTB),obtained by the State Board of Equalization, clarifying that California families who have lost their home in a short sale are not subject to state income tax,liability on debt forgiveness “phantom income” they never received in a short sale. Last [...]

By |2013-12-05T14:11:12-08:00December 5th, 2013|Wildomar Short Sale Agents|0 Comments
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Wildomar Short Sale Timeline

Short Sale Timeline The Wildomar Short Sale Timeline diagram is a general illustration of the stages involved in completing a short sale and the estimated number of days each stage may takes. Short sale timelines differ between banks, and are affected by the number of liens and the balances due, and may not follow the [...]

By |2013-12-04T01:31:26-08:00March 23rd, 2013|Wildomar Short Sale Agents|0 Comments
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Wildomar- Riverside County Top sellers market according to Zillow

  Here in Wildomar we are seeing a strong market for sellers, the demand is here with plenty of buyers and investors searching for well priced homes. Unfortunately, we have very low inventory. The recovering housing market is shaping out region-by-region and city-by-city with both buyers and sellers as both haves-and-haves-not. When Zillow looked at buyers' markets [...]

By |2013-03-10T08:17:26-07:00March 9th, 2013|Wildomar Short Sale Agents|0 Comments
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Why You Need an Experienced Wildomar Short Sale Agent

When you start to think seriously about doing a short sale for your Wildomar home, I can help you have the best chance of success.  Any real estate agent can list a Wildomar distressed property with no more than a license but to avoid going from short sale to foreclosure, it will take proven capability and experience in [...]

By |2017-06-29T19:59:06-07:00August 15th, 2011|Wildomar Short Sale Agents|1 Comment
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