If you're behind on your mortgage or considering a short sale, foreclosure, or deed in lieu - the rules have changed. A six-figure tax bill could be waiting if you don't plan ahead.
Before you sign anything, know whether your specific loan situation creates a tax liability and how to protect yourself.
How your approval letter is written and how it's handled by your short sale team could be the difference between walking away clean or facing a massive tax bill.
Attorney John McConnin has closed over 200 short sales. He'll personally review your situation - no obligation, no pressure.
WATCH THIS BEFORE YOU MAKE ANY DECISIONS
Attorney John McConnin, Real Estate Attorney and Broker explains your options after the Act expired
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Review your options, including short sales, loan modifications, or standard listings, completely free of charge.
This is a free, confidential 15-minute call. We'll look at your loan type, your options for excluding the 1099-C income, and which loan workout makes the most sense for your specific situation.
This is the conversation you need to have before you make any decisions - not after.
Real Estate Attorney & Licensed Broker
CA St Bar # 154852 | DRE# 01445675
Main Office: 11440 West Bernardo Ct.,
Suite 200
San Diego, CA 92127
200+ Short Sales Closed in California
Selected by the California Association of Realtors to Train Realtors on Listing and Negotiating sucessful short sales
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