Information on the Mortgage Forgiveness Debt Relief Act

Hey guys, Kelly Cook here with the Kelly Cook Real Estate Group, your Phoenix short sale specialists. You can find us online at www.KellyCookHomes.com. Now we specialize in helping homeowners across the entire Phoenix area find alternatives to foreclosure through the means of a short sale. Now we have a huge announcement here today and that is the Mortgage Forgiveness Debt Relief Act has been extended through January 1, 2014. That is a huge impact for a lot of you out there who may need to short sale or want to short sale because of some sort of hardship. Maybe you had a loss of income or maybe you lost your job or maybe you have to relocate. Whatever the case may be, a short sale is a very good option for many of you out there and now it just became much easier because this tax act was postponed for one more year. This essentially eliminates your tax liability, so it can get much more complicated than that. So please give us a call today or shoot us an email. We have closed over 400 short sales and we are one of Phoenix's largest real estate teams and short sale teams and we would love to chat with you and have a free consultation about your current situation.

Again, this is huge that this was extended for a year which brings a lot of relief for a lot of people that may be considering a short sale. If you are not sure where you stand, go to our website. Go to www.MyHomeValueCalculator.com and it will instantaneously send you an estimated value of what your property is worth. If you are underwater, the great thing about this tool is it will give you a breakeven point in terms of time and costs to you. Again, I'm Kelly Cook with the Kelly Cook Real Estate Group, one of Phoenix's leading short sale teams and we are here to help. Give us a call or email us, whichever is easier for you. Our number is 480-442-9868 and our email is info@kellycookhomes.com, and either way we would love to talk to you about your situation. We can help you make a more informed decision on your property and find out if a short sale might be right for you. Thanks and have a good day.

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