Short sales

LENDERS

July 2, 2015

Lender Services Our trusted real estate closing professionals have handled thousands of residential real estate transactions on behalf of banks, lenders and credit unions of all sizes. As lawyers, we will assist and undertake the resolution of even the most complex of title issues in a timely and efficient manner. Our attorneys and staff work […]

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BUYERS

July 2, 2015

BUYER REPRESENTATION The trusted real estate closing professionals at Greater Boston Title have extensive experience in all aspects of residential real estate closings. Whether you are a first time homebuyer or a purchaser buying and selling simultaneously, our attorneys have the experience and expertise to get you from consultation to closing table in the most […]

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How Does A Short Sale Affect Your Credit Score?

April 7, 2011

Foreclosure vs. Short Sale: Which Option Is Best For My Credit Score? As someone who deals with homeowners facing foreclosure on a daily basis, I am often asked whether a short sale or foreclosure results in more damage to your credit. Unfortunately, there is no straight- forward answer. The reason why this is such a […]

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Short Sale Tax Consequences: Understanding The Qualified Principal Residence Exemption

March 24, 2011

Mortgage Forgiveness Debt Relief Act and Short Sale Tax Consequences

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The Mortgage Forgiveness Debt Relief Act

March 15, 2011

If you recently lost your home to foreclosure, or were fortunate enough to get your lender to agree to a short sale, you need to be certain that you correctly report this information on your income taxes. Most individuals are unaware the the IRS treats canceled debt as income. In general, if you owe a debt […]

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ABOUT US

March 2, 2011

Specialties Greater Boston Short Sales, LLC, (GBSS) is Massachusetts’ leading short sale negotiator. We assist buyers, sellers, real estate agents and attorneys with getting their short sales closed. Simply put, we have the expertise to get your short sale to the closing table. If you are a buyer or homeowner considering a short sale, or a real estate […]

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SELLERS

March 2, 2011

Are You a Homeowner Struggling to Make Your Payments? The possibility of losing your home because you can’t make the mortgage payments can be terrifying. Regardless of the reason for your current financial situation, there are plenty of free options available. The U.S. Treasury department and the Department of Housing and Urban Development (HUD) offer […]

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SHORT SALES

February 23, 2011

Massachusetts Short Sales As someone who exclusively handles Massachusetts short sales, I am repeatedly asked the same questions from both homeowners and Realtors when considering a short sale.  As more homeowners default on their mortgages, I believe it is important to dispel some of the short sale myths that give these often misunderstood transactions a negative […]

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