If you are currently unable or anticipate that you will not be able to make future mortgage payments, you may qualify for a short sale from your lender. A short sale occurs when a home is sold for less than the balance owed on a secured loan. In a short sale, the lender agrees to sale a home for lower than the amount owed by the home owner.
If you are considering a short sale, you should know that lenders want the last two years of tax returns. We are in 2010 now, so lenders want your 2009 and 2008 tax return. Don’t let your tax return hold up your short sale process. Check out my IRS VITA free tax return preparation blog post at http://margaretblythe.blogspot.com/2010/02/irs-vita-program-provides-free-tax.html.
As a Certified Distressed Property Expert, I would love to help you avoid foreclosure by selling your home. Please feel comfortable to contact me by phone at 970-412-7591 or by email at www.mail@margaretblythe.com
Margaret
Margaret C. Blythe
“Yes, I Can!”
Broker Associate
Keller Williams Realty
Serving Northern Colorado
Phone: 970-412-7591
Email: mail@margaretblythe.com
Website: www.margaretblythe.com
Blog: www.margaretblythe.blogspot.com
Blog: www.margaretblythe.wordpress.com
