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The Impact of Foreclosures on House Prices. Home values are again beginning to fall. What has caused this renewed downward pressure on prices? It can be directly tied to the number of distressed properties in the region which have shredded values in some marketplaces. Foreclosures and short sales impact prices in two major ways. They are discounted competition to the house next door. A L Wagner Appraisal Group, Inc.

What can Bill do for you? With decades of experience helping homeowners, Bill has much to offer his clients. Contact Bill today at 513-335-6212 to see how he can help you with your real estate needs. Bill Burress works for real esta.

You may owe federal income taxes on a short sale or foreclosure that occures AFTER 2012. The government is still giving homeowners until the end of 2012 to go through a short sale or foreclosure without tax consequences as long as their lender officially releases them from the debt. Short Sale, Foreclosure, B.