Citi

Are Short Sale Incentives Taxable? What About Gift Horses?

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Have you ever really thought about the phrase, “Don’t look a gift horse in the mouth”? I actually researched it and learned that as horses age, their teeth begin to project further forward each year. Because of this, their age can be estimated by checking how prominent the teeth are. So, what the proverb means is [...]

September 12, 2011 17 comments CONTINUE READING THIS POST →

Citi Now Offers Big Short Sale Incentives, But Can they Process the Short Sale?

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A short sale seller contacted me last week to tell me that Citi has offered him $35,000 to sell his home. He sent me a copy of the letter he received in the mail, and it is true. Citi is offering him $35,000 (terms and conditions apply) to sell his home valued at $335,000 in [...]

August 22, 2011 4 comments CONTINUE READING THIS POST →