Property located minutes from Las Olas and Fort Lauderdale Beach. Right off of the Intercostal waterway. This is a 2/2 condo on the 7th [...]]]> If you are looking  to purchase a condo in Fort Lauderdale, I have a great building you might be interest in for you. Located in the Heart of Fort Lauderdale!

Property located minutes from Las Olas and Fort Lauderdale Beach. Right off of the Intercostal waterway. This is a 2/2 condo on the 7th floor overlooking the intercostal. Granite countertops and updated kitchen cabinets. Building includes Basketball court, Racquet ball court, spin room, gym, hot tub and swimming pool.

Address is 511 SE 5TH AV, Fort Lauderdale, Fl 33301, for more information you can reach me at 954-993-4104 or by email at Jeannette@CondoDomain.com.

Jeannette Neerpat
CondoDomain.com
Better Homes
7727 NW 79th St
Tamarac, Fl 33321
Jeannette@CondoDomain.com

This beautiful home is a 4 bedroom 2.5 bath 2 story home. On an oversized lot with a pool and spa on the left of the home. Includes a laundry room just before you enter the 2 Car garage. Perfect home to settle in for the next 20 years! This is a Short Sale [...]]]> browardcountyreview.com

This beautiful home is a 4 bedroom 2.5 bath 2 story home. On an oversized lot with a pool and spa on the left of the home. Includes a laundry room just before you enter the 2 Car garage. Perfect home to settle in for the next 20 years! This is a Short Sale and  you will fall in love!

Jeannette Neerpat, CDPE, e-Pro
CondoDomain
Better Homes
7727 NW 79th St
Tamarac, Fl 33321
954-993-4104
Jeannette@CondoDomain.com

An investor who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage for a period of up to 7 years with some [...]]]> Not too long ago, I posted the difference in Short Sale vs. Foreclosure on your Primary home. Now today we are going to cover Non - Primary (Investment homes).

Foreclosure

An investor who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage for a period of up to 7 years with some exceptions based on extenuating circumstances.

Succesful Short Sale

An investor who successfully negotiates and closes a short sale with be eligible for a Fannie Mae backed investment mortgage within 2 years.

There is hope after a short sale for investors for future business in Real Estate. If you find yourself behind in your mortgage payments, contact an experienced short sale REALTOR with a CDPE (Certified Distress Property Expert).

Jeannette Neerpat, CDPE, e-PRO
7727 NW 79th ST
Tamarac, FL 33321
954-993-4104

Have you found yourself in a predicament that you are behind in your mortgage payments and you are unsure on how you should proceed, as far as foreclosure or short sale here are some answers.

The next few days I will post the difference in foreclosure and short sales for the different scenarios.

This unit was sold to a lovely French Canadian couple that vacation here 6 months out of the year. Closing went smoothly, [...]]]> That’s right Just Sold, 5003 NW 35th St, Lauderdale Lakes, Florida. This is a great community, Haiwaiian Gardens, just off of Oakland Park Blvd, and minutes away from Florida Medical Center.

This unit was sold to a lovely French Canadian couple that vacation here 6 months out of the year. Closing went smoothly, only thing, seller cried after we closed. She had lived in this unit for over 30 years. So many memories were here. Here is hoping that the new couple have such great memories as well.

  Gerald and Claire here is wishing you well in your new Condo! And as I said when you walked into your unit and I handed you your keys WELCOME HOME!!!

Enjoy the rest of your time here and see you again when you get back!

Getting you the 411FL for Lauderdale Lakes and Broward County! You want to get your home SOLD, give us a call at 954-993-4104 or email us at Jeannette@CondoDomain.com

Jeannette Neerpat
CondoDomain.com
7727 NW 79th St
Tamarac, Florida 33321
954-993-4104

IRS Tax Tip 2011-44, March 3, 2011

If you are a homeowner whose mortgage debt is partly or entirely forgiven during [...]]]> Have you sold your home as a short sale recently?

If you have you may be entitled to some Tax Relief. Here are 5 of the ten tips from the IRS page.

IRS Tax Tip 2011-44, March 3, 2011

If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.

Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness.
1.  Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence.
2.  The limit is $1 million for a married person filing a separate return.
3.  You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure.
4.  To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence.
5.  Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion.

For any other Tax Questions, please contact your accountant….

Jeannette Neerpat
Condodomain.com
7727 NW 79th St
Tamarac, Fl, 33321
954-993-4104
Jeannette@Condodomain.com