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Wildomar Short Sellers not subject to state income tax liability on debt forgiveness

The good news just keeps coming: As we anticipated, C.A.R. today received a letter from the California Franchise Tax Board (FTB),obtained by the State Board of Equalization, clarifying that California families who have lost their home in a short sale are not subject to state income tax,liability on debt forgiveness “phantom income” they never received in a short sale. Last [...]

By | 2013-12-05T14:11:12-08:00 December 5th, 2013|Wildomar Short Sale Agents|0 Comments

Why You Need an Experienced Wildomar Short Sale Agent

When you start to think seriously about doing a short sale for your Wildomar home, I can help you have the best chance of success.  Any real estate agent can list a Wildomar distressed property with no more than a license but to avoid going from short sale to foreclosure, it will take proven capability and experience in [...]

By | 2017-06-29T19:59:06-07:00 August 15th, 2011|Wildomar Short Sale Agents|1 Comment