Are You Concerned 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 top short sale and real estate businesses located right here in Peoria. Are you struggling to make your mortgage payments or are tired of being underwater on your mortgage? We at Group 46:10 can offer you different options to alleviate some of these problems. As one of the top short sale teams in the country, we've finalized more than 500 short sales in the past 4 years and have a completion rate of over 90%.

I am here today to talk to you a little bit about short sales and tax ramifications. One of the issues that we hear quite often from potential clients is that they want to do a short sale, but are concerned about the taxes they will have to pay after the sale. Maybe you have heard from other homeowners 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 2012, allows homeowners, such as yourself, to not pay taxes on the forgiven amount if the property is their primary 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 has to be finalized by the end of the year in order to qualify for The Mortgage Debt Relief Forgiveness Act.

Please give us a call or fill out the form on our website, group4610shortsale.com, to find out more about this act or if you have questions about your specific 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 skilled short sale specialist, 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.

Avoid Foreclosure by Refinancing Your Mortgage With Obama’s Stimulus

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

Mortgage refinancing to avoid foreclosure is becoming an increasingly popular option for many homeowners. Whether they have a bad increasing mortgage, are facing financial hardships, or just need a lower monthly home loan payment, the Governments "Making Home Affordable" plan can help.

This plan is part of a $75 billion mortgage bailout program which helps struggling homeowners keep their home and avoid foreclosure, or defaulting on their mortgage. This plan is designed to help the millions of homeowners who need lower monthly payments. This will be done by giving money to mortgage lenders and banks as an incentive to approve struggling homeowners for refinancing or home loan modification. This money, besides covering any closing costs the homeowner may incur, will cover a lot of the financial risks the mortgage lender takes on with a struggling homeowner.

What this means for homeowners is easier, more flexible, and more beneficial refinancing and mortgage modification options than ever before. Homeowners who have been denied, do not have enough equity in their home, or owe more on the mortgage than the homes worth, can get approved for home loan assistance. Before this plan existed, these homeowners were pretty much out of luck and on their own. Now though, with the record foreclosure rates, and people losing their homes everywhere, things have changed for the benefit of the homeowner.

With so many advantages for homeowners, this plan will help millions of people. Besides helping individual homeowners, the overall housing market, and economy, will see a benefit from this. With such a massive number of people losing their homes, no one benefits. Mortgage lenders, banks, and the Government have stepped in to help homeowners, and you need to take advantage.

At my site I will teach you how to properly refinance or modify a home mortgage saving you thousands of dollars, or even your home. A lot of Greedy Mortgage Lenders will try to suck you dry if you let them. Learn the right way to refinance or modify your home loan at my site: http://www.refinancingcondo.com

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

What Are Your Short Sale Choices?

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 choices are? Well, my name is Kevin Kauffman and I'm a part of Group 46:10, Peoria's premiere short sale team and Peoria's premiere short sale team. I'm right here to tell you that you do have options and I would love to speak to you about them. My workforce and I've closed over 500 short sales in the last 4 years. We're here to help you so in the event you need any assistance, whether or not you have got an FHA loan or possibly you've got acquired a VA loan, we can help. Perhaps you are not sure because there are different rules around FHA and VA loans in comparison with loans with your typical credit union or with Bank of America or Wells Fargo.

Come to the specialists and get a free session with us. We'd love to talk to you about what your options are. We've worked with every financial institution out there. We have worked with over a hundred banks. We've dealt with Fannie Mae and Freddie Mac, and FHA and VA, and anybody and everyone in between and we all know that we can assist you.

So please give us a call today. You'll be able to reach us at 480-449-6642. You can even fill out a form right here on our website. For those who’re not on our website, you possibly can go to us at Group4610shortsale.com. Right here you may get your free short sale decision calculator outcomes in addition to request an in particular person meeting. We would love to speak to you about your options and if a short sale is best for you, we'd love to help you. Thanks quite a bit and have an awesome 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 Kauffman and Fred Weaver of Group 46:10, Short Sale Specialists, on the daily Short Sale Power Hour.

Are You Considering Strategic Default?

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

Hi, have you been thinking about strategic default? My name is Kevin Kauffman and I am part of Group 46:10, the top short sale business in Peoria. I'm here to let you know that you have options if you're considering strategic default. More specifically I would like to talk to you about 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 created a tool named the Short Sale Decision Calculator to help people such as yourself to find out whether or not a strategic default is best for them. If you click on the link below or visit our website, group4610shortsale.com, it will take you to a website where you will be shown the value of your house and ask you to input your interest rate, the unpaid principal balance on your loan and your monthly payment. By entering in this information, we'll give you a report that will show you how long it will take for the value of your property and the amount you owe to be the same, as well as how much 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 choice for you or if you should do a short sale.

Should you determine a short sale is the best decision for you, we would like to help you out. We've completed over 500 short sales in the last couple of years and have over a 90% completion rate. Please either visit our website or give us a call today so we can schedule 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.