Short Sale- and your taxes

Did you know that if a lender agrees to forgive the remaining debt that this amount may be counted as INCOME on your tax returns?

Be sure and check with your accountant before you sign anything.

Short Sales -Did You Know?

Did you know that if you find yourself needing to short sale your property that your lender may release the lien but still hold you liable for the remaining amount due on the loan?

Make sure you know if this is a lender policy BEFORE you agree to a “Short Sale”!

Saturday Feb 20th 2010
First Weekend without Snow in ages!
off to the auction………later!
tksSold

Monday February 1st 2010
28 days of opportunity!
�Conforming Loan Amounts(up to $417,000.00)�
30 year Fixed������������������������������������������������������������������������ 4.865�� 0.00 pts.
�15 year Fixed������������������������������������������������������������������������ 4.250�� 0.00 pts.�5/1 ARM�������������������������������������������������������������������������������� 3.675�� 0.00 pts.
�30 year Fixed, USDA 100% Purchase, no mi���������� ����������� 5.000�� 0.00 pts

Sandy’s Old-time Snow Cream Recipe

Basic Recipe

1 cup milk
1/2 cup sugar
scant 1/2 teaspoon vanilla
large bowl of snow (about 3 quarts)

Blend milk, sugar and vanilla. Stir in enough snow to make snow cream to
an ice cream consistency.

Variations – There are many variations for snow cream. For example,
substitute canned cream for milk for a heavier flavor. Add Nestles Quik
for a chocolate snow
cream, or use instant cocoa mix. Another variation is to add plump
raisins and cinnamon, or add a beaten egg for a nog taste. Puree an
overripe banana and add to
the mixture. Get creative – you know your family’s tastes.

Note: ALWAYS – ALWAYS make sure the snow is clean. It takes at least one
to two hours for snow to clean the pollutants from the air, then use
only snow that
has fallen after that first cleansing snow. It also goes without saying
(but I will anyway), to make sure you do not collect the snow where
animals and birds eat (or do
other things). Cleanliness first. Stress that with the kids, because
this is a treat even the younger ones can make for the whole family.

Type your ping here …It’s always nice to get some of the required classes done early. Errors and Omissions done for the year. YEAH!!!!!

Happy Day I think I just made a great discovery!