why do a short sale in reno nv
DESCRIPTION
Marshall Carrasco Reno's #1 Short Sell Expert www.renohelp.org. There are more benefits when doing a short sale versus letting your property go into foreclosure or when filling for a bankruptcy.TRANSCRIPT
Why Do a Short Sale In Reno NV
www.renohelp.orgCall : 775-525-1205
There are more benefits when doing a short sale versus letting your property go into foreclosure or when filling for a bankruptcy, some of these are the following:
www.renohelp.orgCall : 775-525-1205
You may avoid getting hit with a tax bill on the amount of mortgage debt that the lender was never able to recover from the sale of the property.• Any time debt is forgiven, it’s a potentially taxable event. • You are not paying back money that you borrowed, so that money is considered income by IRS.
www.renohelp.orgCall : 775-525-1205
• You don’t have to pay any money to agents when doing a short sale.• Your short sale transaction should not be done at your cost.
www.renohelp.orgCall : 775-525-1205
You and your agent are in control of the sale, not the bank.
www.renohelp.orgCall : 775-525-1205
• You will spare yourself the social stigma of “F” word, foreclosure. • Foreclosing your home is embarrassing to you and your family.
www.renohelp.orgCall : 775-525-1205
Your home sale will be handled like any other home sale.
www.renohelp.orgCall : 775-525-1205
• You and your loved ones will be less affected emotionally and financially by doing a short sale. • If you decide to short sale, your Real Estate Agent can help you get through the process with less pain than if you just do nothing and the bank forecloses your home.
www.renohelp.orgCall : 775-525-1205
You can consider buying another home for you and your family much sooner than you think.
www.renohelp.orgCall : 775-525-1205
• Your credit will not be as affected. • All lenders report short sales differently, with many reporting “paid in full for less than agreed,” and some report the short sale as a charge off. • On the other hand, if you let your home go into foreclosure your debt is reported as negative credit delinquency.
www.renohelp.orgCall : 775-525-1205
9740 S. McCarran Blvd #103, Reno, NV 89523
Call Us : 775-525-1205
Contact MARSHALL CARRASCO
www.renohelp.org