Real estate blog entries tagged with mortgage tax forgiveness act by Lorrie Thomas (REMAX Town & Country)

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Home : Blogs : Lorrie Thomas : Lorrie Thomas w/ REMAX Town & Country -My BLOG- Cherokee County, Cobb County, and North Metro Atlanta Homes for Sale, Home Values, and Market Reports : Tag "mortgage tax forgiveness act"

mortgage tax forgiveness act: Foreclosure? claim the mortgage tax forgiveness on your 2007 tax return! - 04/06/08 06:20 PM

Facing Foreclosure? You May be Eligible for Tax Relief(ARA) – When your home is losing value and your family is facing the financial stress of foreclosure, the last thing you need is to be hit with an enormous tax bill. The Mortgage Forgiveness Debt Relief Act of 2007 helps protect Americans facing foreclosure from higher taxes while they attempt to refinance a home mortgage. This temporary act creates a three-year window for some homeowners to refinance their mortgage and pay no taxes on any debt forgiveness that they receive. This means if the value of your home drops and your bank … (9 comments)

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Lorrie Thomas

Woodstock, GA

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REMAX Town & Country

Address: 6124 Hickory Flat Hwy, Suite E, Canton, Ga, 30115

Office Phone: (770) 720-4300 x 232

Cell Phone: (678) 778-6020

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