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Washington Property Solutions
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Windermere Short Sale Experts Since 2003
Windermere Short Sale Experts Since 2003

7 followers
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Are you going through a divorce and need to sell your house? We have helped hundreds of people through the sensitive process of selling their homes because of divorce. You can count on us to make the entire process as quick and stress-free as possible so you can get on with your life. Here are a few ways we can help.

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Good news for homeowners doing a short sale in 2016: the Mortgage Forgiveness Debt Relief Act has been extended through December 31, 2016. The extension also retroactively covers mortgage debt cancelled in 2015.

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Richard Eastern was recently quoted in an article about the possible extension of the Mortgage Forgiveness Debt Relief Act:
  
“It is the kick-me-while-I-am-down tax,” Eastern said.“There are going to be some who just can’t hold on any longer. They want to avoid a foreclosure because that is absolutely the worst thing that could happen to them.”

You can read the full article below.
 

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With nearly seven million properties in the US that are seriously underwater, Congress needs to extend the  Mortgage Forgiveness Tax Relief Act.

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There's a common misperception that you can’t do a short sale if you have two mortgages. Not true!  We’ve done hundreds of shorts sales for clients with two mortgages.  Here a just a few of their stories.  

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This Kirkland homeowner avoided foreclosure, got $265,000 in mortgage debt wiped clean with a short sale AND got a check for $10,000 from the federal government’s Home Affordable Foreclosure Alternatives (HAFA) Program when the sale closed. Here’s her story.

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Quoted in the Seattle Times:  "Richard Eastern, whose firm Washington Property Solutions specializes in short sales, said his firm keeps busy because loan modifications are mostly unsuccessful." Read more about the latest statistics on underwater home mortgages.  

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This Kent,WA couple received a check for $10,000 from the federal government’s Home Affordable Foreclosure Alternatives (HAFA) Program for doing a sort sale rather than foreclosure.  Here’s their story.

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This Bellevue couple avoided foreclosure, got $53,300 in home mortgage debt forgiven AND received a $3,000 cash incentive for doing a short sale.  Here's their story.

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