Are You Curious About Tax Ramifications With Your Short Sale?

Posted by webmaster on Jan 25, 2012 in Uncategorized | 0 comments

Hello, I'm Kevin Kauffman. I am part of Group 46:10, one of the nation's premiere short sale and real estate teams located right here in Gilbert. Are you having trouble making your mortgage payments or are tired of being underwater on your mortgage? We at Group 46:10 can offer you various alternatives to alleviate some of these issues. As one of the best short sale groups in the nation, we have closed over 500 short sales in the last 4 years and have a closure rate of over 90%.

I am here today to discuss short sales and tax ramifications. One of the concerns that we hear quite often from potential clients is that they would like to short sell their home, but are concerned about the taxes they'll have to pay after the sale. Perhaps you have heard from others that have done short sales that there were some tax liabilities and wish to find out more.

The Mortgage Debt Relief Forgiveness Act, which expires at the end of this year, allows homeowners, such as yourself, to not pay taxes on the forgiven amount if the home is their main residence and the selling price is less than $2.5million. If you are thinking about short selling your property, you need to act quickly because the transaction needs to be finalized by the end of the year in order to qualify for The Mortgage Debt Relief Forgiveness Act.

Please call us or fill out the form on our website, group4610shortsale.com, to find out more about this act or if you have questions about your particular situation. If you don't qualify for this act, don't let that stop you from short selling your propety. We have a couple of other ways to avoid paying taxes as well. A qualified short sale expert, such as myself and my business partner Fred, can discuss those different options with you.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

For more videos on short sales check out Kevin and Fred on the Short Sale Power Hour. Video for Short Sale Specialists.

What Are Your Short Sale Options?

Posted by webmaster on Jan 24, 2012 in Uncategorized | 0 comments

Hi, are you considering a short sale however you are not fairly sure of what your options are? Well, my name is Kevin Kauffman and I'm a part of Group 46:10, Gilbert's premiere short sale workforce and Gilbert's premiere short sale team. I'm right here to inform you that you do have choices and I would love to speak to you about them. My group and I've closed over 500 short sales in the last four years. We're here that will help you so in case you need any assistance, whether you have got an FHA loan or possibly you have received a VA mortgage, we can help. Perhaps you are not sure as a result of there are different guidelines around FHA and VA loans compared to loans with your typical credit union or with Bank of America or Wells Fargo.

Come to the experts and get a free session with us. We would love to speak to you about what your options are. We've worked with every financial institution out there. We've worked with over a hundred banks. We have handled Fannie Mae and Freddie Mac, and FHA and VA, and anybody and everyone in between and we know that we are able to help you.

So please give us a call today. You can reach us at 480-449-6642. You can even fill out a form right here on our website. When you’re not on our web site, you possibly can go to us at Group4610shortsale.com. Here you can get your free short sale decision calculator results in addition to request an in particular person meeting. We'd love to speak to you about your options and if a short sale is right for you, we'd love to help you. Thanks so much and have an amazing day.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Watch Kevin and Fred, Short Sale Specialists, on the Short Sale Power Hour. Video for Short Sale Specialists.

Knowledge and Action – Avoiding Foreclosure

Posted by webmaster on Jan 23, 2012 in Foreclosure | 0 comments

There are two main components to the average home going into foreclosure: uncertainty and inaction. More times than not when you speak with someone who has lost their home, the most common statements are "I didn't know what to do" and "I just kept hoping that it would all go away."

It doesn't have to be this way.

The first thing to do when facing the possibility of foreclosure is to take an unbiased look at the current financial situation. Is it going to change...really change? Hoping that the problems will go away doesn't usually help. If you were sick, would you hope you got better or would you see a doctor? If hanging onto a hope is all there is, then it's time to take some definite actions.

If you need to sell your home, there are two steps to take.

The first is gain knowledge. The homes value and mortgage owed is the first part. Then a plan must be developed whereby the home can be sold fast, days not months. This means an untraditional sale. Lease Options fill that ticket. They are the best method to sell a home fast in a declining economy. They are safe, legal, and done on a daily basis. The only thing to consider is that they must be understood and executed properly. A poorly executed plan of any sort is not advised. So the first thing to do is to go out and learn the proper way to execute a lease option.

The second step is to take action. This is where you put the knowledge gained in the first step to work. Get the word out, market, and let prospective buyers that there is a home on the market and ready to sell. Despite what the banks will tell you, this will work. As a side note, the only reason the banks won't tell you about lease options, is that you keep the money.

Are you willing to put some effort into learning the proper way to conduct a lease option? Are you willing to put in some minor work? If so, and if you need to sell your home, then please do yourself a favor. Take action today. That home is one of the single most important investments many of us will ever make. Don't let it be taken away when you stand to make not just money upfront, but a genuine monthly cash flow as well. You can do it!

As a Lease Option expert, Steven Morse is the co-founder of SelfBailout.com where he is the resident real estate expert and the driving force behind the Home Selling Advantage Course. This invaluable course shows how homeowner's can sell their homes quickly, safely, and profitably...even in today's tough economy. http://www.selfbailout.com

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Watch Kevin Kauffman and Fred Weaver of Group 46:10, Short Sale Specialists, on the daily Short Sale Power Hour.

Are You Mulling Over Strategic Default?

Posted by webmaster on Jan 23, 2012 in Uncategorized | 0 comments

Hi, have you been thinking about strategic default? I'm Kevin Kauffman and I'm part of Group 46:10, the best short sale team in Gilbert. I'm here to tell you that you have options if you are considering strategic default. More specifically I want to talk to you regarding the actual consequence of strategic default as it applies to the amount of money that it will cost you to do it.

My business partner, Fred, and I have developed a program named the Short Sale Decision Calculator to help people such as yourself to find out whether or not a strategic default is right for them. If you click on the link below or visit our website, group4610shortsale.com, it will take you to a website where it will show you the value of your home and ask you to input your interest rate, the unpaid principal balance on your mortgage and your monthly payment. By entering in this information, we will give you a report that will show you how much time it will take for the value of your home and the amount you owe to be the same, as well as the amount of money it will take to get you to that point. This free report will provide you with the information you need to decide whether or not strategic default is the right decision for you or if you should short sell your home.

Should you determine a short sale is the best decision for you, we would like to help you out. We have closed over 500 short sales in the past few years and have over a 90% success rate. Please either visit our website or give us a call today so we can set up a free consultation. Group 46:10 can help you avoid foreclosure, get out from your underwater mortgage and successfully short sell your home, so please contact us today.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.