Hello, this is Kevin Barmann from SoldbyShortSale.com. I am the short sale listing supervisor for the Matt Fetick Real Estate Team, your Philadelphia short sale experts. At the moment I wished to speak to you just a little about the Mortgage Debt Relief Act that’s set to expire at the end of December 2012. Now this is an important issue for people who are making an attempt to decide whether or not they need to put their property in the marketplace and apply for a short sale. The Mortgage Debt Relief Act provides additional safety for the owners with regards to their taxes and among the tax implications that can include a short sale.

So I was thinking that what I want to do instead of going through the entire details right now, is if you have any questions about the debt relief act and what it could imply to you, please give us a call at 610-427-4420. I wish to explain the distinction between closing before the Debt Relief Act expires and after. We will meet at our office that can assist you determine what the most suitable choice is for you and your current situation. There are alternatives out there that may help you with any points you’re having whether your own home is at the moment under water or not. You can also take a look at our site at SoldbyShortSale.com. Again, this is Kevin Barmann with the Matt Fetick Real Estate team, your Philadelphia short sale specialists and we’re right here to help answer any questions you’ve got about short sales or the short sale process. Thanks and have an excellent day.

For more information on short sales and how to avoid foreclosure, visit the Sold By Short Sale blog or you can also contact the Matt Fetick team and get started today.