Video Blog (vlog) by REALTOR® JenKlein discuss short sale eligibility after a loan modification: As we inch closer to the sunsetting of the deficiency protection laws, this question is becoming more and more important. As many of you know the end of 2013 marks the end of the debt forgiveness. While there is speculation in regards to it’s extension, it is just that, speculation. So, as we move forward and are seeing an increase in values we are also seeing an increase in tax bills etc. I’m getting the question, “I’m in a loan modification, can I still do a short sale?” The answer is absolutely yes! But get to it! Just because you’ ve agreed to make these payments does not mean you are tied to that house forever (check the fine print in your modification papers.) Keep in mind as values continue to increase, so will your property taxes. Please consider your long term ability to continue to make that payment. If you have any doubts at all you should consult a Realtor, DON’T WAIT UNTIL IT’S TOO LATE! Please CALL or TEXT Jennifer Klein today at 916-678-1552 or email JenKleinSells@gmail.com. For more information check out www.JenKlein.com.
Other related blog posts: How do you account for appreciation in an appraisal? Zillow’s Zestimate, a home seller’s worst nightmare , How is a Kitchen Remodel like a new car? , Get to know Jennifer Klein, 12 indicators you may need a short sale, short sale library
