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****Breaking News****

City of Portland unveils Neighborhood Lift Program and grants $4,000,000 to home buyers each receiving $15,000.00 in down payment assistance.

Find out more HERE

 

Is Short Sale Right For You?

Homeowner RealityGet Short Sale Help

 ****UPDATE**** Mortgage Foregiveness EXTENDED THROUGH 2013!!!****

The Mortgage Forgiveness Debt Relief Act of 2007 expires Dec. 31, 2012

You may be liable to pay income tax on the amount forgiven in a short sale if you wait too long. A short sale on average takes 4 months to complete....maybe longer. So don't run out of time and start SOON. *we are not CPA's so please consult with your tax advisor and/or attorney

Example: Home is worth 100K less than you owe and you receive a 1099-C at completion of short sale.

Prior to 12/31/12 you pay $0.00 in taxes on this amount forgiven.

Sell 01/01/13 or later and pay $28,617 to the IRS based on 28% tax bracket and yearly income of $30,000. *This number is estimated so contact your CPA to find out exactly what your scenario could look like.

Click here to read our Short Sale FAQ

Selling your home for less than what you paid for it is NOT a failure, it's a business decision. Sometimes the reality of things can be scary and overwhelming so it becomes much easier for us to avoid the truth. Short selling provides an opportunity for you to TAKE CONTROL of the situation and Get Your Life Back On Track.

We are the MOST reviewed agents in Oregon on Zillow.com

Read our reviews HERE

Buyers

-Search EVERY listing in the MLS database regardless of brokerage.

-Advanced search options by detail, map search, sale type, etc. C heck out our Short Sale List and Bank Owned List for Portland. Other areas available, just ask!

-Google map view on every listing *now with street view available! Photos, full details and nearby sales (active and sold) provided for every listing!

-Sign up for FREE using an email address to save favorite properties and our system will update you on any price or status changes. We will also email you new listings based on your search criteria and favorite properties!

Sellers

Do you think a short sale is something you've been considering? We have the resources to help! Every short situation is different so please call or email to discuss your situation and how we can be of service!


-Short Sale FAQ

-Short Sale OutPost Public Forum from LoanSafe.org Get Free help on working with Banks and their short sale processes. Tips and advice from home owners in distress and who have gone through the processes. They also have a great foreclosure help forum as well.

-Find out what you're home is worth in our current market.



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