Greg Traub "My Home Expert"

January 2009 - Posts

• Consequences of a Short Sale…Things you May not be Told as a Seller.

  Before I start this post, please remember, I am NOT a licensed attorney and am NOT an expert in foreclosure or bankruptcy litigation. Please consult the appropriate professionals before acting on any of the information below……. If you as Read More... Posted Monday, January 12, 2009 11:02 PM by Greg Traub | 0 Comments Filed under: Real Estate, Seller Information, Short Sales

• Do I Pay Extra Income Taxes Because of a Short Sale?

  To give you my standard answer to most questions involving short sales …. YES and NO . If you successfully are able to sell your property in a short sale, by definition you are paying off a debt for less than what is owed. This forgiven debt can Read More... Posted Monday, January 12, 2009 10:38 PM by Greg Traub | 0 Comments Filed under: Finances, Seller Information, Short Sales