Monthly Archives: October 2009

Tax Consequences of a Short Sale: Dealing with a 1099C

Posted on October 2, 2009 by admin

When a bank forgives a debt greater than $600, like in a short sale, they are required to issue a 1099C to the Homeowner. This article talks about avoiding the tax hit by following some simple steps. Continue reading →

Posted in Bankruptcy, Foreclosure, Short Sale | Tagged | 5 Comments

PowerPoint for Realtors working Short Sales in Des Moines

Posted on October 1, 2009 by admin

Here is a presentation on power point with nationwide foreclosure statistics and information for realtors and homeowners alike. Continue reading →

Posted in Des Moines, Foreclosure, Short Sale | Tagged | Leave a comment

Thank You Letter from a Client

Posted on October 1, 2009 by admin

This is a thank you letter from a lady that we recently helped out by stopping her foreclosure and buying her house. Continue reading →

Posted in Short Sale | Tagged | Leave a comment