Hear ye! Hear ye !

We have been holding our breath for so long wondering what would be happening here in California ... If you have any questions after you read the news here ... Call me. text me, or email me ... I am here to help ... Well - Here it is HOT OFF THE PRESS ... http://www.nationalmortgagenews.com/news/regulation/senate-passes-tax-bill-that-includes-key-mortgage-deductions-1043384-1.html Roger A. Sullivan 760-610-3245 Roger@ShortSaleSully.com http:ShortSaleSully.com

Help for those considering or in a Short Sale

Distressed California Homeowners May Qualify for California's Keep Your Home California Transition Assistance Program (TAP) If your financially distressed California clients can no longer afford their homes and are pursuing a short sale or a deed in lieu of foreclosure, they may be eligible for financial help with their relocation to alternative housing. The funds come from the Transition Assistance Program (TAP), part of the Keep Your Home California Program. The state of California is providing up to $5,000 in transition assistance to qualified homeowners who can no longer afford to stay in their homes. You can help by advising your distressed clients that they must: •Apply for the funds through their state's website or by calling 1.888.954.5337. •Maintain their property until their house is sold or returned to the lender via a negotiated deed in lieu of foreclosure. For qualified homeowners, these state funds may be used in addition to any other transition assistance that the homeowner may receive by participating in the Federal Home Affordable Foreclosure Alternatives (HAFA) program or in any other preoffer short sale program. To learn more about the Transition Assistance Program's guidelines, and how your clients may qualify, please visit that program's website at http://keepyourhomecalifornia.org

Important news for Short Sale candidates

Back in April, the Senate Finance Committee approved the extension of debt relief for those attempting to sell their homes short of the indebtedness owing to their existing Lender(s). For political reasons, the item was tabled and is scheduled (at least it has been discussed) to be brought forward again after the elections are over tomorrow. Stand by for an update !!!

Short Sales still active ...

Homeowners are still in need of assistance and State and Federal laws are still protected them from taxation stemming from debt relief, potentially the biggest negative for those Short Selling in the past before this protection. The current situation is that protection is in place through year end so if you need assistance ... Call SHORT SALE SULLY

There's a new kind of thief in town cruising your Short Sale Open House ...

Everyone is apprehensive about opening up their home to a bunch of strangers, particularly when they are not home. Open Houses are a great marketing tool, allowing prospective buyers to compare your home with their wants and needs; also allowing neighbors to get a peek if they might have a friend or relative they want to move closer to them. Before you have an Open House, you should secure any very personal and important items out of harms way whether they be highly valuable, sentimental or breakable and the new category - medicinal !!! There has been an increase in medications being removed from bedrooms, bathrooms and medicine cabinets of late to such a degree that the warnings have even been televised. Everything has value and we know how expensive prescriptions are ... someone who needs your medicine doesn't care of your loss only their gain ... and certainly kids may not even know what a drug is but will take it anyway ... so be extra careful and make sure your medications is safe along with all your other valuables ... Keep the faith !!!