Marshall Carrasco Reno's #1 Short Sell Expert www.renohelp.org. There are more benefits when doing a short sale versus letting your property go into foreclosure or when filling for a bankruptcy.

1. Why Do a Short Sale In Reno NV
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2. There are more benefits when doing a short sale versus letting
your property go into foreclosure or when filling for a bankruptcy,
some of these are the following:
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3. You may avoid getting hit with a tax bill on the amount of
mortgage debt that the lender was never able to recover from the
sale of the property.
• Any time debt is forgiven, it’s a potentially taxable event.
• You are not paying back money that you borrowed, so that money is
considered income by IRS.
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4. • You don’t have to pay any money to agents when doing a short
sale.
• Your short sale transaction should not be done at your cost.
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5. You and your agent are in control
of the sale, not the bank.
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6. • You will spare yourself the social stigma of “F” word, foreclosure.
• Foreclosing your home is embarrassing to you and your family.
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7. Your home sale will be handled like any other home sale.
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8. • You and your loved ones will be less affected emotionally and
financially by doing a short sale.
• If you decide to short sale, your Real Estate Agent can help you
get through the process with less pain than if you just do nothing
and the bank forecloses your home.
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9. You can consider buying another home for you and your family
much sooner than you think.
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10. • Your credit will not be as affected.
• All lenders report short sales differently, with many reporting
“paid in full for less than agreed,” and some report the short sale
as a charge off.
• On the other hand, if you let your home go into foreclosure your
debt is reported as negative credit delinquency.
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11. Contact MARSHALL CARRASCO
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9740 S. McCarran Blvd #103, Reno,
NV 89523
Call Us : 775-525-1205
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