Posted on January 12, 2009 by Rae Catanese
Investors Still On Tax Hook
(Tampa Tribune (FL) (KRT) Via Acquire Media NewsEdge)
For homeowners in trouble, a short sale can be a lifesaver.
Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away.
Unless the owner is an investor, that is.
A short [...]
Filed under: Amendments to Property Tax Law, Bank Owned and Short Sale, Selling Home as Short Sale, Selling Your Home, Short Sales Tampa, Tampa Real Estate Investors | Tagged: forgiveness of debt, How to sell as short sale, Investing In Real Estate, Short Sales, Tax Penalties | Leave a Comment »
Posted on December 18, 2008 by Rae Catanese
With 2009 rapidly approaching, we must consider the changes that have occurred in our Real Estate market in Tampa, and plan for what we will experience in the coming year.
While 2009 will be a difficult year for many, it will also bring unprecedented opportunities for the few who choose to adapt now, before it’s [...]
Filed under: Bank Owned and Short Sale, First Time Home Buying Advice, Foreclosures Tampa, International Buyers, Short Sale vs Foreclosure, Short Sales Tampa, Tampa Housing Market, Tampa Real Estate Investors | Tagged: 2009 Housing Market Tampa, Bank Owned and Short Sale, distressed properties, How to Buy Foreclosures, Real Estate Investing Tampa, Short Sales, When is a good time to buy? | Leave a Comment »