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As a California Short Sale Expert I can tell you that short sales are a great way to avoid foreclosure.

Please download our “Is a Short Sale Right for You? Quick Guide” and learn if doing a short sale is right for you.

Let us help you avoid foreclosure!

We will also follow up with you to ensure all your questions have been answered.

What is a Short Sale?

Having closed more than a hundred short sales, we have answered lots of questions about short sales. Many people wonder what a short sale is and why a bank would agree to a short sale.

A short sale is basically when you owe more than what the home is worth and the bank agrees to take less than what is owed on the mortgage and accepts is as payment in full. The bank agrees to these terms because they will receive more money from a short sale than they would if the home went to foreclosure.

Taxes and Short Sales

There are tax ramifications with a short sale and a foreclosure. Lots of people believe that there are no tax issues if your home goes to foreclosure. However, this just isn’t true. Many times the tax liability is larger with a foreclosure than with a short sale. In either case you will receive a 1099.

There is good news though. In most cases you will qualify for the Mortgage Debt Relief Act which allows your tax liability to be forgiven. We would encourage you to do a little research or contact us today for more information about your options to avoid foreclosure.

Have Questions? CALL: (800) 646-0362

Please remember that our team wants to help. So if you want to speak to someone right away simply pick up the phone and call me personally on my cell phone (800) 646-0362.

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Testimonials

Lisa talks about how the Zweigle Team successfully negotiated 2 short sales each with two loans for her. These were investment properties and she was able to walk away owing nothing!!

"Jason and his team did an excellent job on our Bank of America short sale. They were able to successfully short sale our investment property. We were very concerned that the bank wouldn't allow a short sale on an income property; the bank approved our short sale, forgave us of the balance that was owed and it only took about 90 days. Best of all it was free!! We walked away owing nothing and got out of debt. The Zweigle Team was awesome to work with. We highly recommend them."

- Grant & Danielle R.

About Jason Zweigle

Jason Zweigle is the founding owner of The Zweigle Team, Keller Williams Realty. Jason has been an entrepreneur his entire professional career. Jason has spent the past seven years in Real Estate. Jason began his real estate career as a Real Estate investor. Purchasing homes, improving them and then re-selling the homes. As an investor Jason began negotiating his first short sales. In 2007 Jason became a licensed Realtor in the State of California. As the real estate market began to shift and decline; Jason was able to utilize his negotiation skills to become the top producing short sale agent in his area. Agents, brokers and homeowners turned to Jason to facilitate the tough and relatively unknown short sale transactions. Jason has been a top producing short sale agent in Northern California since 2008.