Foreclosure can be an extremely stressful situation to deal with alone. 
We can help.  We want to help you find the best possible solution to get back on your feet.  What we offer is an alternative to foreclosure to help save your credit, your finances, and your piece of mind. Your situation may not be as impossible as it seems.  

The difficulty of the situation for you right now is completely understandable and there is indeed light at the end of the tunnel. Thousands of good people just like you have found themselves in similar situations. The solution many of them chose was Pacific Real Estate Network.

We are uniquely qualified to do whatever it takes to solve your real estate or mortgage issue while keeping your credit in good standing. Give us a call today to find out how we can help at absolutely NO charge to you.

Office: (858) 320-0405    

Email: info@123shortsale.com 

California Department of Real Estate, Real Estate Broker #01050210

***The National Association of Realtors (NAR) has announced that on December 20, 2007, President Bush signed the Mortgage Forgiveness Debt Relief Act of 2007, which states that Homeowners who have experienced a Short Sale will not be taxed on the Mortgage Debt they have been forgiven to sell their property.***

The most significant change under the new law is tax relief for people who sell their home for less than the remaining balance on their mortgage. Under the old law, even if the lender agreed to "forgive" the difference between the home sale price and the mortgage balance, the IRS wasn't so lenient. Tax regulations required lenders to report the amount that was forgiven as gross income received by the seller, in effect handing sellers a tax bill on income they never actually received.

For example, if you sold your home for $200,000 but your remaining mortgage balance was $225,000, you would've faced a tax bill on the $25,000 difference that your lender forgave.

With the new legislation, that tax has been eliminated until Jan. 1, 2010. So at the very least, if you're forced to sell a home you can no longer afford, and your lender agrees to forgive any unpaid mortgage balance, you no longer have to worry about a hefty tax bill as well. (This tax break is retroactive to Jan. 1, 2007.)