Allen Matkins sknapp@allenmatkins.com https://video.allenmatkins.com en-us Visualplatform http://blogs.law.harvard.edu/tech/rss Allen Matkins episodic no https://video.allenmatkins.com/files/rv0.0/sitelogo.gif https://video.allenmatkins.com http://video.allenmatkins.com/short-sales-become-an-attractive <p>www.allenmatkins.com<br /> If your real estate property is underwater due to the current real estate market, you may want to consider a short sale. If the lender agrees to take a discounted payoff of a nonrecourse loan then there is no debt forgiveness income to the seller and you can recognize the loss on the sale of the property.</p><p><a href="http://video.allenmatkins.com/short-sales-become-an-attractive"><img src="http://video.allenmatkins.com/27288172/38733672/b0f1256b25e408055908461967f30519/standard/download-5-thumbnail.jpg" width="1200" height="960"/></a></p> http://video.allenmatkins.com/photo/38733672 Wed, 09 Nov 2011 16:00:00 GMT Short Sales Become an Attractive Option to Mitigate Built-In Loss www.allenmatkins.com If your real estate property is underwater due to the current real estate market, you may want to consider a short sale. If the lender agrees to take a discounted payoff of a nonrecourse loan then there is no debt forgiveness income to the seller and you can recognize the loss on the sale of the property. www.allenmatkins.com If your real estate property is underwater due to the current real estate market, you may want to consider a short sale. If the lender agrees to take a discounted payoff of a nonrecourse loan then there is no debt forgiveness... Allen Matkins 02:51 <p>www.allenmatkins.com<br /> If your real estate property is underwater due to the current real estate market, you may want to consider a short sale. If the lender agrees to take a discounted payoff of a nonrecourse loan then there is no debt forgiveness income to the seller and you can recognize the loss on the sale of the property.</p><p><a href="http://video.allenmatkins.com/short-sales-become-an-attractive"><img src="http://video.allenmatkins.com/27288172/38733672/b0f1256b25e408055908461967f30519/standard/download-5-thumbnail.jpg" width="1200" height="960"/></a></p> debt forgivness discounted payoff real estate developer short sale underwater mortgage