Short Sale Forgiveness to Expire at the End of This Year

 
There are a couple of very interesting developments in the disposition of distressed residential real estate. The first issue is that short sale forgiveness is set to expire at the end of this year. The potential implications are explained very well in this article. Essentially, you will owe taxes on the shortfall when you successfully Read More …

Now is the Chance of a Lifetime to Invest in Residential Real Estate

“I’d buy up a couple of hundred thousand single family homes if I could
–          Warren Buffett in CNBC interview 2/27/12

 
Real estate investors will look back at this combination of historically low interest rates and drastically reduced home prices as the perfect storm. It used to be that when you purchased a piece of real estate Read More …