Real estate blog entries tagged with foreclosure by Lisa Lambert, Esq. (1031 Exchange Expert) (The Law Offices of Elisabeth A. Lambert)

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Home : Blogs : Lisa Lambert, Esq. (1031 Exchange Expert) : 1031 Exchange Expert: Qualified Intermediary, 1031 Exchanges, Accommodator, California and the U.S., etc., etc, : Tag "foreclosure"

foreclosure: Re-Post - The Difference Between the Mortgage Forgiveness Debt Relief Act of 2007 and State Anti-Deficiency Laws - 06/26/08 09:23 PM

A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post.
If you want to get the information from the horse's mouth (the IRS) here's a link to the IRS publication regarding the MFDRA. I'm summarizing it below.
The main difference between MFDRA is who is providing the protection. MFDRA is federal law and applies to your federal … (12 comments)

foreclosure: The Difference Between the Mortgage Forgiveness Debt Relief Act of 2007 and State Anti-Deficiency Laws - 06/26/08 04:42 PM

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Lisa Lambert, Esq. (1031 Exchange Expert)

Fresno, CA

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The Law Offices of Elisabeth A. Lambert

Address: 1222 W. Shaw Avenue, Fresno, CA, 93711

Cell Phone: (559) 433-5399

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Discussing 1031 Exchange Issues and Related Real Estate Issues in California. Specifically focusing on the Merced, Madera, Fresno, Selma, Reedley, Oakhurst,Visalia, Hanford, Porterville and Bakersfield areas.

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