Ken Koenen, LLM-Taxation, Attorney at Law

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Short Sale Report
 

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Foreclosure/Short Sale Liability Report

Unfortunately, short sales and foreclosures are not going away anytime soon.  The lenders have driven prices down to incredibly low levels by foreclosing, and then selling at reduced prices.  This has created a situation where people who need to sell, because of job transfer or other reasons, are faced with the difficult decision of "walking away" or doing a short sale.  Either has possible legal and tax implications.

Buyers obtain property inspections, roof inspections, pest inspections, etc., but so many sellers sell their property, not knowing what the possible ramifications might be during a short sale or foreclosure.  Real Estate agents can open themselves to liability for not getting their sellers to get the full advice that they need.  Ken has provided consultation to hundreds of Real Estate Agents and Home Sellers over the past 18 months.  He is not preparing an individualized report for Sellers and their Agents based on the property characteristics and the loans in place.

 

The Law Office of Ken Koenen will provide a detailed report and opinion letter, a telephone consultation or both, to those facing foreclosure or becoming short sale sellers in order to answer the main questions that always come up.

· Can the bank come back and try to take my other assets or sue me?

· Will I have to pay a tax for what the bank doesn’t receive?

· What affect will it have on my credit?

· What is best for me?

The report answers these basic questions, except number 4, but gives the seller the information they need to make an intelligent decision.  It also takes the burden of error off the Realtor®.

Click here to see a Sample Report: Sample Report

We will contact you within 2 business days to arrange the phone consultation with Ken Koenen, and the phone consultation and the written report will occur shortly after that.  The cost of this service is only $350.00.  This is not a boilerplate document, but an individualized report prepared by Ken Koenen based upon the loans and circumstances regarding your property.  Again, the written report and phone consultation is only $350 for your peace of mind.

Usually, the simple questionnaire is all we need, and then we will contact you for the consultation and have the written report is back to the homeowner within 72 hours.

   To Order the Written Report and Phone/Personal Consultation, Click this button:  Short Sale Info

To read more about Ken Koenen, CLICK HERE

 

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Law Office of Ken Koenen
Last modified: March 12, 2011