The Ashley Leigh Team is the market leader in the marketing and negotiation of short sales in Northern Virginia.
September 20, 2011 – With hundreds of thousands of homes under water across the country, and an increasing willingness on the part of lenders to work with upside down homeowners to avoid foreclosure, more and more Northern Virginia homeowners are seeking to educate themselves on their options in dealing with an upside down home.
The expiration of the Federal Government’s “Mortgage Debt Forgiveness Act” expires on December 31, 2012. This upcoming expiration has the attention of hundreds of thousands of upside down homeowners looking to short sale their home without tax consequences.
Ashley Leigh of Linton Hall, Realtors® will host a free “Seminar for Upside Down Homeowners”, Saturday October 8, 2011 at 12:30 p.m. until 2:30 p.m. at the Hyatt Fairfax (Fair Lakes area), 12777 Fair Lakes Circle, Fairfax, VA.
“This seminar is a great opportunity for any upside down homeowner who wants to educate themselves on their options, whether a loan modification, deed in lieu of foreclosure, FHA short refinance, bankruptcy, lien stripping, or a short sale,” said Ashley Leigh, Broker of Linton Hall, Realtors®.
“The seminar is 100% informational – it’s purpose is not to steer people in any particular direction – it’s simply a forum for homeowners to learn about and discuss their options so they can make an informed decision.”
In addition, attendees will learn little known secrets on how to avoid potential tax implications and minimize credit impact when negotiating with their lenders. Guest speakers include an attorney, an accountant, and loan officer. The attorney will discuss the topic of short sale versus foreclosure. The accountant will discuss the Mortgage Debt Forgiveness Act. And the loan officer will discuss credit impact of a short sale and preparation for purchasing in as little as two years from a short sale. These all star professionals will provide expert insight on the short sale process, timing, and what to expect from your bank.
“This free seminar is a result of the high demand for real information to real problems. Many homeowners do not know that the Federal Government’s Mortgage Debt Forgiveness Act expires on December 31, 2012. We have many folks that need to make a decision before the deadline of this very important Act expires at end of next year, at which point homeowners will no longer have these benefits available; unless Congress extends the Act. With the average short sale process taking nearly six months to successfully negotiate and close, we are tapped with huge demand for this seminar,” said Ashley Leigh.
The seminar will be held Saturday October 8, 2011 at 12:30 p.m. at the Hyatt Fairfax located in the Fair Lakes area at 12777 Fair Lakes Circle, Fairfax, VA . The seminar is free but is expected to be full. You must register to attend by calling 703-485-4663 or register online at http://www.NoEquitySeminar.com
703-485-4663
