What is the Connecticut Real Estate Conveyance Tax?

What is a real estate conveyance tax? A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller. However, there are some clever Sellers that put the burden of …

Short Sale Debt Forgiveness Tax Relief

Tax Relief for Short Sale Debt Forgiveness

Short Sale Tax Relief Exemption for Tax┬áLiability Created by Short Sale Debt Forgiveness The Budget Bill signed into law by President Obama on December 18th, 2015, has received a lot of coverage in the news for many reasons. One of …

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Short Sale Impact On Homeowners Credit Score

The Impact of Short Sale on the Credit Score of the Homeowner What is the impact of short sale on the credit score of the homeowner? When a homeowner cannot make their mortgage payments, for whatever their personal reason is, …