The summer of 2010 has brought many new and exciting changes to the real estate industry.  It seems that change is the only constant these days.

 However, there is still one constant question that I face every day.  Should I sell my house by a short sale?

Today, there has been some improvements in the loan modification process, but too often this process still leads to frustration, red tape and dead ends. Many are giving up and deciding to sell short in this crazy market. 

What sellers must understand before you sell short, that there are consequences to a short sale. Two important issues must be addressed before putting your house on the market.

 Too often, I speak with folks who are unaware of the phantom tax a short sale creates and how to combat it.  They are also unaware or do not understand what deficiency is. Both are necessary to understand before selling.

When I sit with my clients I inform them about these issues.  I am not a lawyer or a tax accountant. (and will never be either). I do NOT give legal, tax or accounting advise, however I inform them before a contract is signed!

If you are not sure.  If you need information. If no one has talked to you about this.....well contact me.  I offer free 1 hr consultations with no pressure to sell.  It's always your choice to sell or not, but I want my clients to be fully informed before they sign on the dotted line.

Now there are other short sale considerations.  Will you now rent?  Where? When? How?  Will you take the next steps to build your credit? Do you know how?  Will you buy again in the future?  Will you invest in the future? 

Let me help you make plans for your future.  Plans that will profit you in the long run.  Plans that will get you out of debt and back on track.  Plans that will give sound base for the future.

If you need some free reports about short sales and loan modifications, visit my other site at www.MarkBrownRI.net .  Also please check out my profile on LinkedIn.   Click here  http://www.linkedin.com/in/markbrownri