Monthly Archives: December 2011

Greenville, South Carolina Short Sale

This beautiful home near Greenville, SC languished on the market for over a year with no offers.  But once we got the price right and the short sale process under way, the sale was successfully negotiated with the lender (Chase) within a few short months. Many thanks to Pinpoint Realty in Greenville, SC for all […]

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Can a Lower Short Sale Price be Better for a Seller’s Tax Situation?

Believe it or not, a lower contract price on a short sale can actually be better for the seller.  I know…I know… it sounds ridiculous, right?  IRS 1099-C rules will come into play, and so a short sale attorney or tax professional should be consulted.  This should really happen BEFORE a seller agrees to ANY […]

Posted in Short Sale Info for Realtors, Short Sale Info for Sellers, Strange but True | Comments closed