Here are some recent statistics from Seattle Bubble on Notice of Trustee Sales, Trustee Deeds, and Warranty Deeds for the Tri-County area. By the way, Tim Ellis offers these stats in report format here. Here’s a link to the graph gallery which is where I find those great graphs on delinquency statistics at the beginning of the class. Here’s the IRS website […]
Tag Archives | short sale
To the Students from the August 16, 2010 Short Sale Class at John L Scott Kent Kangley
Hi Everyone, Here’s the follow up from today’s class. There was a question about whether or not the short sale debt is considered a taxable event when the lender forgives the shortfall. Here’s a link to the IRS website explaining the Mortgage Forgiveness Debt Relief Act; who is and is not exempt. By the way […]