“The Truth About Short Sales” Seminar Set for Dec. 7

Sarasota, FL, December 04, 2010 --(PR.com)-- Attorney and CPA Jo Ann Koontz of Yesner & Boss, P.L., and Realtor David Rothermel of Keller Williams Realty will present a free seminar entitled, “The Truth About Short Sales,” Tuesday, Dec.7, starting at 7 p.m. The seminar will be held in Suite 201 of the Keller Williams office, 6710 Professional Parkway, Sarasota, FL 34240.

“The short-sale market is rife with scams and misinformation,” said Rothermel. “This seminar will help inform home sellers so they can make appropriate decisions.”

"The tax consequences of a short sale are complex and confusing, and depend on individual circumstances,” said Koontz. “My focus is in helping sellers reduce or even eliminate the tax that they will owe as a result of a short sale. This process is much less intimidating when people understand what to expect."

The seminar will touch on borrower and property qualifications for a short sale, required documentation, short sales vs. deeds in lieu, the application process, tax consequences, the effect of a short sale on credit, credit repair, and how to get started. The seminar addresses primary residences, investment properties and commercial properties.

To register, email shortsalersvp@yahoo.com or call (941) 915-5056. The seminar is open to the public.

Koontz practices in the areas of real estate, business organizations and taxation. She focuses on negotiating short-sale transactions for financially stressed homeowners who owe more on their homes than the homes are worth.

Rothermel is experienced in helping sellers with the short-sale process. He has earned the Short Sales and Foreclosure Resources (SFR) designation and is a certified foreclosure graduate of the Harris Real Estate University.

Yesner & Boss offers the full range of legal practice, including personal injury, bankruptcies, litigation, business law, family law, wills, trusts and probate, residential and commercial real estate closings and foreclosure defense. The Sarasota office is located at 1819 Main St., Suite 215, Sarasota, FL 34236. Telephone: (941) 362-0050. Website: www.yesnerboss.com.

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