“There have already been three attempts to get an extension for the 2007 Mortgage Debt Relief Act passed, but all three have failed...”
Spring Lake Park, MN (PRWEB) September 06, 2012
A top Spring Lake Park Short Sale Agent Kris Lindahl has been busy producing a short sale video series, that covers how the short sale process is handled by different banks, so homeowners will have a better understanding of what will be required. Kris Lindahl has successfully combined the technology that people want to use today, with the complex world of real estate short sales, which is the process of selling a home for less than the mortgage that is owed on the property. The bank will typically forgive the balance of the debt.
Top Spring Lake Park Short Sale Agent Kris Lindahl, understands homeowners only have a short time left to get their short sale loans approved before the end of the year, or it could cost them tens of thousands of extra dollars in taxes. Kris Lindahl says, “Without the 2007 Mortgage Debt Relief Act extension, homeowners in East Bethel who do not get their short sale loan through the short sale process before the end of 2012, could owe the IRS tens of thousands of dollars in taxes from the income on the short sale of their home.”
“There have already been three attempts to get an extension for the 2007 Mortgage Debt Relief Act passed, but all three have failed, that is why it is so important to get a short sale completed before the end of 2012,” says Kris Lindahl. “For homeowners that are unsure of whether or not a short sale is right for their home, I created the Short Sale Calculator website to see if their home is eligible for a short sale,” Kris Lindahl explains. “Then if they qualify for a short sale, they can fill out the form on the website, and will get access to a real-time PDF with all of the information they will need to make an informed decision about the short sale of their home,” says a top Spring Lake Park Short Sale Agent, Kris Lindahl.
“The Short Sale video series has been a great help for people to understand what they will be up against with their particular situation,” Kris Lindahl the top Edina Realty short sale agent explains. The first video in the series is about the Wells Fargo Short Sale Process. The Bank of America Short Sale Process video is the second in the series of video tutorials being released by a top Spring Lake Park Short Sale Agent, Kris Lindahl. Kris provides easy to follow tips and resources that are needed for each particular bank.
“The “Wells Fargo Short Sale Process” video and the “Bank of America Short Sale Process” video have been very well received, with people continually calling or sending an email asking about additional videos in the series,” Kris Lindahl remarks. Kris continues, “I am producing and releasing the videos as quickly as possible, because I am very busy helping homeowners try to get their homes through the short sale process before the expiration of the 2007 Mortgage Debt Relief Act at the end of 2012.”
“The fourth video in the series will be released tomorrow, so keep watching for more videos to be released in the Short Sale video series,” says Kris Lindahl a top Spring Lake Park Short Sale Agent. Call Kris Lindahl at 763-447-3925 for help with a short sale.