Mortgage Forgiveness Debt Relief Act and Debt Cancellation – Expires December 2012.

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George Robinson, Realtor DRE: 01873900

Are you considering doing a SHORT SALE on your primary residence? If so, you don’t want to wait. Here’s why…. The IRS’ Mortgage Forgiveness Debt Relief Act and Debt Cancellation Act expires on December 31, 2012. This means, on your primary residence, the difference between what you owe and what you sell your house for is forgiven (subject to IRS regulations). If you purchased your home when prices were sky high and your mortgage is just taking your whole paycheck, and you think it is time to discuss a way out of this mess, then CALL US – we will discuss strategies and possibilities and help you. We are sure you have questions; we know how difficult it is to make this decision. We have helped many friends and family, just like you, out of this situation. There is hope! Call us today for a private consultation and our informative handout titled: “What To Do When You Can’t Pay Your Mortgage Anymore.” You can get relief, but don’t wait until it is too late to qualify for Mortgage Debt Forgiveness. Give us a call at:  (818) 237-5687 or e-mail us at:  Gigi@SantoroAndSons.com.

912 Naomi – Charming Traditional Spanish – Open Sunday, July 15th, from 1 p.m. to 4 p.m.

912 Naomi, Burbank – Open Sunday from 1-4.

Once upon a time, there was a beautiful Spanish house built in 1928 by a craftsman that knew what he was doing. Over time, that property was lovingly maintained. Come and see for yourself – this 2 bedroom, 2 bathroom character home with a large family room and a permitted workshop. Boasting over 1,300 square feet and a generous lot of over 7,000 square feet. Room for an RV is no problem here. This property is located in the prime Magnolia Park of Burbank, close to the Chandler Bike Path and all that Burbank Schools have to offer. This is a standard sale! Come by and enter to win a drawing for box seats at The Starlight Bowl inBurbankat the Open House.

2821 Buena Vista – Hillside Living in Burbank– Open Sunday, July 22nd, from 1 p.m. to 4 p.m.

This beautiful BenMar floor plan has over 1,700 square feet of living space – with a spacious family room AND extended living room located on the hillside in Burbank, above Glenoaks. Gleaming hardwood floors, generously sized bedrooms, with two bathrooms, a formal dining room, and an eating area in the kitchen round out the property. Freshly painted, this house stands out from the crowd – you can tell the people who live there love it. Its quiet, neighborhood feel and great floor plan work for any sized family. Priced at $599,000, this is one of the best deals in Burbank. This is a standard sale! Come by on Sunday, July 22nd, and enter to win a drawing for box seats at The Starlight Bowl!

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