Why can’t I let my brother in law negotiate my short sale? He is a realtor after all!

Kudos to one of our legal network affiliates of Attorney Short Sale Negotiators who answered this question as succinctly and accurately as you could ever ask: Should real estate agents negotiate short sales? No.  Absolutely not.  It is replete with legal issues, risks, deficiency issues (amounting to tens or hundreds of thousands of dollars of…


Phantom Income as of 1-16-14

The House Bill and budget has been sent to the Senate as I write today.  It does NOT  include an extension of the exemption that expired 12-31-13 for treating forgiven debt as income.   There are still advocates for the extension of the exemption and this is the latest information available as of today: Bill Seeks…