Latest News....Congress passed a recent bill early January 2013, The American Taxpayer Relief Act of 2012 (Sec. 202) which extends the Mortgage Forgiveness Debt Relief Act through December 31, 2013. This legislation extends dozens of other tax cuts that have expired or are set to expire at the end of the year, including one that extends homeowners’ ability to deduct the cost of mortgage insurance on a qualified personal residence.

Under the federal tax code, all types of forgiven debt are treated as income, subject to regular taxes. Because of the Mortgage Forgiveness Debt Relief Act, homeowners who get their mortgage debt forgiven through either a short sale or loan modification won’t be taxed on the amount forgiven up to $2 million.

This law was set to expire December 31, 2012. If it hadn’t been extended, any forgiven amount of debt would be considered taxable income, which would be devastating for homeowners who are already experiencing financial hardship.

 Short Sale Facts

  Short Sale Deficiency Fact Sheet

Thank you for visiting our website. We know that buying or selling a home is one of the most important things you will ever do, and we want to help make that experience as smooth and successful as possible.

Our extensive experience and expertise in the Fresno, Clovis, Sanger, Friant, and Madera real estate market will benefit you whether you are looking to buy or sell a home in the area. We are also short sale certified and have helped many homeowners avoid foreclosure.   

Buying a home? We will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once we know what you want, we will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase. Buyer's agents like ourselves can help save you hundreds to thousands of dollars we help you negotiate on both new and resale homes.

Selling your home? Our expertise in the Fresno, Clovis, Sanger, Friant, and Madera real estate market will help ensure that you get the best price for your property. Our finely-tuned marketing program will make sure the right people see your home. Ask us about our buyer and seller rebate program.

We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for Sale, Moving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time!  (559) 288-6382.

Sincerely,
Your Local Short Sale Team
Lynette Baker - Broker Associate at London Properties, Ltd.

 California Association of Realtors Short Sale Resource Website

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Whether you are a first time homebuyer or a seasoned veteran we have all the resources you need to buy real estate in Fresno, Clovis, Sanger, Friant, and Madera.
Read more tips for buying a home

Find out how much your home is worth and how we can help you get top dollar for your home.
Read more tips for selling a home

Agent Referrals 

If you are not interested in listing a short sale yourself because you don’t want to deal with the hassles and frustrations of doing a short sale then we have a solution for you. Refer your short sale listing to us and we’ll pay you a 35% REFERRAL FEE, when we close the deal. That’s 15% higher than the industry standard referral fee. How can we do this? We are so confident in our system and our efficiency that we can pay higher referral fees.

Why hire us?

• You receive a referral fee at close of escrow.
• We handle the listing, all negotiating with the banks and closing for you.
• Weekly updates on the status of your listing/short sale.
• And most importantly we truly care about the client.

Contact us or call us at 559-288-6382.

Information in this site deemed reliable but not a guarantee for Fresno, Clovis and Fresno County homes and real estate. MLS multiple listing service data here is provided by outside real estate firms. This covers MLS residential or commercial properties in the central San Joaquin Valley cities real estate, such as in Fresno, Clovis, Ca, Madera, Sanger, Reedley, Selma, Kingsburg, California. MLS data here is useful to buy or sell MLS 1031, homes or other real estate homes, bank owned homes, condos, town homes in Fresno, Clovis, Ca, Madera, Sanger, California. MLS transactions are from CA Realtors, agents, buyers, seller or sellers of real estate agents of Fresno, Clovis or central valley MLS homes of a Realtor or other buyer or seller. Home data here helps people in IRC 1031, real property, property exchange dealing in MLS real estate and home and real estate properties in Fresno, Clovis and central valley cities near Fresno County. Sale can be by Exchangors, exchangers, brokers in Fresno MLS real estate for IRC 1031 property exchange or selling a home or condo or town home real estate or condo real estate item. Data helps find MLS home, condominium or real estate town home, MLS, or residential real estate, bank owned, short sales, foreclosures and other properties in Fresno, Clovis, Madera and the central valley of California. Lynette Baker of Guarantee Real Estate in Fresno serves these cities as a Realtor and Broker/Associate. They serve real estate clients looking for homes and condos and town homes and lots and property in Fresno, Clovis, Madera, Fresno county and nearby cities, supplying MLS and school information.