Sacramento Short Sale Information - Avoid Foreclosure - Se Habla Español
The Mortgage Forgiveness Debt Relief Act (H.R. 3648) is only applicable through December 31, 2012. You need to act quickly in order to take advantage of this opportunity!!
Code 3 Realty is a Sacramento/El Dorado Hills real estate company that specializes in California Short Sales. We are not accountants or lawyers, nor do we dispense legal or tax advice. We strongly encourage you to discuss with your lawyer and/or CPA the implications of doing a short sale. You can also go to the IRS website (www.irs.gov) to learn more.
The California area real estate market has been hit hard with the latest downturn. We are Sacramento Short Sale specialists here to serve you. Please give us a call (866-371-0739 Ext. 4) to help you avoid foreclosure, provide the possibility of walking away from your home with no mortgage debt and receive money from your lender for move out assistance.
Normally, you would be taxed by the IRS for the amount "forgiven" by your lender. Now, with the Mortgage Forgiveness Debt Relief Act, you may not owe the IRS anything for the amount forgiven!
We strongly encourage you to discuss with your lawyer and/or CPA the implications of doing a short sale. You can also go to the IRS website (www.irs.gov) to learn more.
Bill Number SB 931:Contact Us Today!
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