Elk Grove Short Sale with Federal Tax Liens

Posted on May 11, 2012 by Gena Riede

Elk Grove Short Sale

In Elk Grove I am meeting with a seller who is having trouble paying his house payment and they have Federal tax liens on the house.  Soon, the house will be listed for sale as a short sale.

If you are a homeowner struggling paying your house payment, the phone is ringing with people wanting money and you don’t even want to open your mail, there is a remedy to stop the stress that you are going through.  Many homeowners have experienced the same emotions you are going through.

Elk Grove Short Sale Agent

As an Elk Grove short sale agent, I sit down and confidentially talk to you about the options you have as a homeowner.  Many times, a short sale is the best route for homeowners having difficulty paying their house payment.

Short Sale and Federal Tax Liens

If you have Federal tax liens on your home, it doesn’t mean you can’t sell the house.  I will provide all the forms for you and we can still sell your house.  It takes a little longer since after the bank accepts the short sale I will then need to send the bank’s approval and all the forms to the Federal tax board.  But, it can be done.  This of course doesn’t free you from the Federal taxes owed, nothing will free you up on that but at least we can get it off the house.

So, if you want to stop having to dodge those phone calls and living with the stress, just give me a call and let’s talk to see if a short sale is the best thing for you or if there are other options for you.

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Keep Your Home Help

Posted on May 9, 2012 by Gena Riede

Breaking News for Struggling Homeowners

For the homeowners around the Sacramento area that are behind in their house payments or just can’t afford the payment they have there is a program called “Keep Your Home California,” to help you.   You will NEVER be asked to pay for this help and if you are, then it’s not the real program.  You do have to qualify for their program.

Who Qualifies For Help

  • You must live in the home
  • Income limits  (Sacramento County, El Dorado County, Placer County is $90.100 and Yolo County is $90,950
  • Hardship
  • Income to maintain a reduced payment
  • Banks & Servicers of your Loan who participate

Help for Unemployed

There is also assistance for those who are unemployed who experienced an involuntary job loss where the program will pay up to $3,000/month up to nine months in order to give you a chance to get a job and get back on your feet while remaining in your home.

Never Pay for Help

There is money to help struggling homeowners but again, you must qualify.  Call 888-954-5337 Mon-Fri from 7 am-7pm and Sat 9 am-3pm.  Remember, don’t pay anyone for this, it’s a FREE program.

Call the Short Sale REALTOR®

If you find you don’t qualify for these programs, give me a call and let’s talk about listing your house as a short sale so you can avoid foreclosure and not hurt your credit as badly.

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More Than 1 Home Buyer Offers on Homes For Sale

Posted on May 4, 2012 by Gena Riede

If you have been out looking at homes for sale around Sacramento, then you know you are not the only one. Homes for sale have been getting 4-5 offers and sometimes more from home buyers. With inventory low and home buyers knowing it is cheaper to buy than to rent, it becomes a rush to get your offers in on that home for sale before an offer has been accepted.

Sacramento Homes are flying!

I feel so sorry for the home buyers whose agents submit incomplete offers but especially when there are multiple offers on homes. Incomplete offers are not seriously looked at and many times not ever accepted.  It’s important if you are a home buyer to be working with an agent who fills out the contract and provides all the necessary documentation.

Sometimes, it’s not just the price of the home for sale but also other aspects of the contract that matter.  A good REALTOR® knows how to make their home buyer’s offer look the very best beyond just the price being offered. 

All of the home buyers I work with have been PreApproved for a loan, can show proof of funds and we have discussed what more can be offered should the need arise. It’s important to work with a REALTOR® who explains the contract and the ways the agent can showcase you, as the BEST home buyer.  Now more than ever is the time for home buyers to jump in and get their own home.

Sometimes, as Sacramento home buyers we may want more home than what we can afford.  Know the real estate market, in other words know what you will need to pay for the house with that much square footage or that many bedrooms.  You may need to revise your dreams, a bit based on what you can afford.  Best to come to that realization sooner rather than later since as time goes by you might find yourself priced out of the market altogether.

Other helpful articles for home buyers:

6 Home Buyer Real Estate Tips BEFORE You Buy a House

Home Buyer Writes Recommendation for Riede Real Estate

Why Should Home Buyers Read The Preliminary Title Report

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