We have literally helped HUNDREDS of people out of properties they either no longer could afford or want.
With all of the newspaper articles and news reports everyone knows our housing market is facing a major foreclosure crisis. We can help; we can do a short sale of your property reducing the payoff allowing us to either purchase the property or sell at a large discount. A concern for many home owners with this process is owing a deficiency balance to the bank. To resolve this issue President Bush has passed the Mortgage Forgiveness Debt Relief Act.
Under the Mortgage Forgiveness Debt Relief Act of 2007 (H.R. 3648) homeowners that do a short sale on a primary residence will not have to pay taxes on the short sale amount. This does NOT apply to investment property. This new Mortgage Forgiveness act is only for Primary Residences.
No Equity ~ No Problem
You do not need to be in foreclosure for us to buy your house. We buy anything from ugly to luxury for any reason. We pride ourselves on the ability to help people in any situation.