Home Prices Continue Increasing Nationwide to Pre-Bubble Values

Over the last year, home prices nationwide have steadily increased, with four states reporting home prices that matched their 2006 peak prices and twenty-two other states reporting prices within 10 percent of their peaks.

Home prices in Seattle-Bellevue-Everett MSA have increased as well, giving equity back to homeowners who during the housing market crash found themselves underwater on their mortgages. However, many homeowners have yet to realize the extent to which prices have improved.

The rate at which home prices have increased this year is remarkable. And the improving market is giving hope to many homeowners who have been struggling over the last few years.

Many factors are driving home prices up, such as more people wanting to buy homes, inventory constraint, and fewer distressed properties on the market.

Today, more people than ever are looking to buy a home, but there aren’t enough homes on the market. This is letting homeowners looking to sell ask more and more for their homes. Today’s market is really a seller’s market.

As a Certified Distressed Property Expert® (CDPE), I and my team are specially trained to help distressed homeowners understand their options. Struggling homeowners need to know they’re not alone and that the recent upturn in the market is providing many with paths out of a difficult situations.

 My team, Benchmark Team, serves homeowners in the Seattle – Bellevue - Everett Metropolitan areas and outlying cities.

 We have provided a free report entitled “Underwater Homes Reach the Surface” which is accessible from our website, www.RescueWA.com.


Sincerely,
 
BENCHMARK TEAM
Platinum Real Estate Marketing Svcs.
CARLO DELIZO, Team Lead
Tel: (800)780-0226 begin_of_the_skype_highlighting FREE end_of_the_skype_highlighting
Realestate@CarloDelizo.com
RE/MAX Metro Realty, Inc.
www.CarloDelizo.comwww.RescueWA.com

Mortgage Forgiveness Debt Relief Act Expired. Now What?

Traditionally, forgiven debt was taxable as an income (aka ‘phantom income’). But the enactment of The Mortgage Forgiveness Debt Relief Act, mortgage-related forgiven debts were exempted from taxation.

The Mortgage Forgiveness Debt Relief Act was passed by Congress in 2007 in an attempt to provide some relief for the millions of homeowners who found themselves owing more on their mortgage than the property was worth as a result of the collapse of the housing and finance industries. --- This Act expired on December 31^st, 2013.

Now what?

Little known in the real estate industry is another tax exemption that has long been in existence and is not going away any time soon. --- It’s just a little more complicated and less straightforward. But for most distressed homeowners, the resulting tax exemption might be the same as the The Mortgage Forgiveness Debt Relief Act.

If you happen to know someone who may be going through mortgage troubles and/or want to learn more about this “other” tax exemption, please feel free to share my contact info with them.

Visit my website, www.CarloDelizo.com, to see what our previous clients are saying about me and my team.

Sincerely,

Carlo Delizo, Team Lead & Managing Broker
Benchmark Team
Platinum Real Estate Marketing Svcs.
      Operating under: RE/MAX Metro Realty Inc.
REO Certified Specialist
Certified Distressed Property Expert (CDPE)
Accredited Short Sale Designation
Short Sale & Foreclosure Resource (NAR)
Direct: (425) 444-1010
Fax: (800) 591-0858
E-mail: RealEstate@CarloDelizo.com

 

 

 

 

Facing Foreclosure? You Have Options!

A lot has changed since you bought your home.

If you or someone you know is among the 10 million homeowners who are falling further behind every single month because of an unmanageable mortgage payment, then that weight may feel unbearable. But there is actually some encouraging news: Government incentives, coupled with banks willing to help stem the foreclosure tide, are providing new opportunity.

You have options, and foreclosure is not one of them!

As a real estate professional with the Certified Distressed Property Expert® (CDPE) designation, I offer all of my clients the benefit of the best expertise and insights when it comes to foreclosure avoidance.

Take a look at my site and download a copy of my free report entitled “Your Mortgage Does Not Have to be A Monster.” Then contact me for a free, confidential consultation.

BENCHMARK TEAM 

Platinum Real Estate Marketing
(800)780-0226
Carlo Delizo, Team Lead  
Realestate@CarloDelizo.com
Re/Max Metro Realty Inc.
www.ShortSaleSeattleMetro.com
www.RescueWA.com

*Carlo Delizo and his team, Benchmark Team, serve homeowners in the Seattle – Bellevue - Everett Metropolitan areas and outlying cities.