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Apr 03 2012

New information on home sales and foreclosure

Seattle Bubble reports on the latest Foreclosure numbers for March and it appears that there is a surge.

While it appears that home sales are up 6% from last March in King County and down in Snohomish County.  In both counties, the number of Foreclosures (measured by the Notices of Trustee Sales) has risen during the month of March 2012 compared to February 2012.

For those going through Foreclosure or the Pre-Foreclosure process, the state of Washington has a mediation program for which homeowners may qualify.

Written by Jason · Categorized: Blog, Real Estate · Tagged: Foreclosure, Real Estate

Jan 18 2012

The tax consequences of a short sale

Smart Money has an informative article on the tax consequences of a short sale.

A short sale is a real estate transaction that occurs where the mortgage debt exceeds the net sale price (minus commissions and other costs).

A few things to look out for when considering a short sale:

[Read more…]

Written by Jason · Categorized: Blog · Tagged: Real Estate, Short Sale

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