Is it Troublesome to Work with Desert Schools Credit Union on Finishing a Short Sale?

Posted by webmaster on Jan 27, 2012 in Uncategorized | 0 comments

Hello, my name is Kevin Kauffman, I am with Keller Williams and Group 46:10, one of Peoria's leading real estate teams specializing in short sales. I am here to talk to you today about Desert Schools Federal Credit Union. I get about 2 or three calls a week from individuals similar to your self who've been doing analysis on Desert Schools Federal Credit Union and whether or not they'll do a short sale with them. I got to let you know, Desert Schools has been tough to work with. Through the years we have worked with them so many occasions that now we have been in a position to build some relationships there and perceive their process so we will better serve our clients and their members.

Many individuals come to us as a result of they've heard that it is tough to work with Desert Schools Federal Credit Union and you realize what, that may very well be true for most people. I imagine that we understand their process now and we know how to best set up our clients for success in a short sale with Desert Schools Federal Credit Union.

So, if that's you and you have a loan with Desert Schools Federal Credit Union, and also you need to speak to somebody who has got the expertise, then give us a call. We have dealt with them a number of occasions and we're certain that we can help you. We've got an nearly ninety% success rate, we have closed over 500 short sales now in the last four years. Once more, I am with Group 46:10, Peoria's main short sale teams. Give us a call. You'll be able to reach us at 480-449-6642 or just fill out a form right here on the web site at Group4610shortsale.com. We'll speak to you soon.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

For more videos on short sales check out Kevin and Fred on the Short Sale Power Hour. Video for Short Sale Specialists.

Are You Curious About Tax Ramifications With Your Short Sale?

Posted by webmaster on Jan 25, 2012 in Uncategorized | 0 comments

Hi, I am Kevin Kauffman. I am part of Group 46:10, one of the country's best short sale and real estate businesses based right here in Peoria. Are you struggling to make your mortgage payments or are tired of being upside down on your home loan? We at Group 46:10 can offer you various alternatives to alleviate some of these struggles. As one of the top short sale teams in the nation, we've completed more than 500 short sales in the last 4 years and have a success rate of over 90%.

I'm here today to discuss short sales and tax ramifications. One of the worries that we hear quite often from prospective clients is that they want to do a short sale, but are concerned about the taxes they will have to pay after the sale. Perhaps you've heard from other homeowners that have done short sales that there were some tax liabilities and want to find out more.

The Mortgage Debt Relief Forgiveness Act, which ends at the end of this year, permits homeowners, such as yourself, to not pay taxes on the forgiven amount if the property is their primary residence and the selling price is less than $2.5million. If you are thinking about short selling your home, you need to act quickly because the transaction has to be completed by the end of 2012 in order to qualify for The Mortgage Debt Relief Forgiveness Act.

Please call us or fill out the form on our website, group4610shortsale.com, to find out more about this act or if you have questions about your specific situation. If you do not qualify for this act, don't let that keep you from short selling your house. We have a couple of other ways to avoid paying taxes as well. A skilled short sale expert, such as myself and my business partner Fred, can discuss those different options with you.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Watch Kevin and Fred, Short Sale Specialists, on the Short Sale Power Hour. Video for Short Sale Specialists.

Tax Foreclosure Properties – What They Are, and How to Buy Them

Posted by webmaster on Jan 24, 2012 in Foreclosure | 0 comments

Everyone who owns a property must pay taxes on it each year. If the owner doesn't pay his or her taxes, the property's status becomes delinquent. Fees accrue, and further taxes continue to pile up as time goes by. If the property isn't brought current within a specified period of time, which differs state by state, then the property will eventually be foreclosed upon and sold at auction by the county in which it's located. These tax foreclosure properties provide a great opportunity for savvy real estate investors.

There are several reasons why tax foreclosure properties are better investments than mortgage foreclosure properties, but the biggest is that they are almost always free of mortgages by the time they reach the sale. Mortgage companies will bail out the back taxes on properties they have an interest in long before they get to the point of government foreclosure. Since houses without mortgages are often also houses without other liens, the equity is up for grabs if you're lucky enough to buy one.

You've likely seen infomercials recently claiming you can make thousands by investing at the tax sale. They're only half right. The other half is blatant exaggeration to try to get sales! Tax foreclosure properties are a great investment, but you'll have to avoid the tax sale to get the best deals. Competition at tax sales is fierce, and often the little guy can't compete with the tax investing giants that go after the best properties.

The way to get these properties is by waiting until time is running out for these owners- this is usually during the period AFTER the tax sale. Most states give owners a year or so to "redeem" their property after it's been sold at tax sale. When that period of time is up, there is no recourse- they have lost their property permanently. So by waiting until shortly before that redemption period is up, and then contacting the owners directly, you'll be catching them at a time when they're highly motivated to sell their property to you for a steep discount. Sometimes, these owners have resigned themselves to losing the property, and are just happy to be selling it to someone other than the government.

After you've purchased the property directly from the owner? You just pay off the delinquent taxes and fees, and the property is yours.

Few investors exploit this route. Why? Could be because it's more work, but it's more likely they just don't know where to begin. If you're willing to put in the time and effort to find these people, you've just discovered a lucrative way to invest in free and clear real estate... with next to NO competition.

Click here for more info on this investing method- including how to obtain or compile your own list of properties about to be lost to tax sale in your area or anywhere in the country, and how to find their owners.

Also, learn what to say to an owner when you talk to them on the phone, to "grab their deed" for as little as $10! (Yes, really!)

M. Dawson is a Chicago area writer, real estate investor, and entrepreneur.

Article Directory: EzineArticles http://ezinearticles.com

Watch Kevin Kauffman and Fred Weaver of Group 46:10, Short Sale Specialists, on the daily Short Sale Power Hour.

What Are Your Short Sale Choices?

Posted by webmaster on Jan 24, 2012 in Uncategorized | 0 comments

Hello, are you considering a short sale but you are not fairly positive of what your options are? Well, my name is Kevin Kauffman and I'm a part of Group 46:10, Peoria's premiere short sale workforce and Peoria's premiere short sale team. I am here to let you know that you do have options and I'd love to talk to you about them. My team and I have closed over 500 short sales in the last 4 years. We're right here that will help you so when you need any help, whether or not you have got an FHA loan or possibly you've got got a VA mortgage, we will help. Possibly you're undecided as a result of there are different rules around FHA and VA loans compared to loans with your typical credit union or with Bank of America or Wells Fargo.

Come to the experts and get a free session with us. We'd love to speak to you about what your choices are. We have worked with each financial institution out there. We've worked with over 100 banks. We've handled Fannie Mae and Freddie Mac, and FHA and VA, and anybody and everyone in between and we know that we are able to help you.

So please give us a call today. You can reach us at 480-449-6642. You can too fill out a form right here on our website. In case you’re not on our website, you can visit us at Group4610shortsale.com. Right here you will get your free short sale decision calculator results as well as request an in person meeting. We'd love to speak to you about your choices and if a short sale is best for you, we would love to help you. Thanks rather a lot and have an excellent day.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.