If you are going to want to have us negotiate a short sale for you – time is running out

    If you live in the Santa Clarita Valley and vicinity.  If you are close to our Valley and have been sitting on your heels when it comes to having a short sale started – you may want to move a bit faster.

    The short sale “Debt forgiveness” act may be coming to a close this December 31, 2012.  It has not been renewed as of yet.  Sources say that it will not be.

    This is the “act” that give forgiveness to a Short Sale owner from the IRS.

    Let us say you have Santa Clarita short sale expert negotiate your short sale and you owe, for example $500,000.00 on your home.  The appraised value and the value accepted by your “bank or banks” that have your loan or loans is 300K.  A buyer is put into play with regard to your home, condo or town-home that is willing to purchase it for the $300K figure.  The agent puts the deal together, negotiates with your bank or banks, and your home successfully closes as a short sale.

    With the current “debt forgiveness” act, you are not going to be taxed on the difference.  $500,000 – minus – $300,000 equals $200,000 of potential taxable income.

    None of our short sale clients have been excluded from the Debt Forgiveness Act to date and we have successfully negotiated many short sales.  Speak with your Tax Accountant and an Attorney to be sure you will fit within the current guidelines. As we advise all of our Short Sale clientele to do!

    If you want more information about Santa Clarita Short Sales and how to hire the best agent to negotiate yours, head over to our Short Sale website for the Santa Clarita vicinity.

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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