Posts Tagged ‘banks’
Secrets2ShortSales.com In this clip Lee Honish, former chief loss mitigator, discusses what banks really want. In Lee’s classic, no holds barred style, he reveals what the banks are really after…Agent’s commissions. He talks about how the mitigators think as they approach a short sale and why it can seem so challenging to know what to do next. Do banks string you along just so you’ll get desperate and give up your commission so you can get it closed and get paid something? Could they be that diabolical? Catch the entire 3 hour presentation at http
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A few weeks ago I heard about President Bush signing something to help homeowners avoid paying taxes on their short sales. Banks would issue a 1099 when a short sale was approved, and be taxed on their short sale savings. I need a link to read about that story, please. Thank you !!
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