Help for Distressed Homeowners in Menifee

Help for Distressed Homeowners in Menifee

Menifee, CA – Distressed homeowners in Menifee are on the verge of losing the relief they have received from the Mortgage Debt Relief Act. The law, enacted in 2007, helps distressed homeowners by relieving them of additional tax responsibility that often accompanies cancelled or forgiven debt.

Before the Mortgage Debt Relief Act, many distressed homeowners here in Menifee and accross the country would finish the arduous process of getting the bank to agree to some form of debt forgiveness, only to find that they owed thousands of dollars in tax liability. In most cases, it was like trading one unmanageable debt for another.

The Mortgage Debt Relief Act has provided opportunity for millions of distressed homeowners in the marketplace to take advantage of short sales or loan modifications without worrying how these actions will affect their future finances. The law is set to expire and time is running short for Menifee homeowners with unaffordable mortgage to take advantage of its benefits.

There is a bill in Congress that would extend the act through 2013, but it is unclear if it will pass. During an election season where taxes have become very politicized, it is difficult to know if the extension will pass. Time may be running out. But there is still a chance to change your financial direction and avoid foreclosure.

As a Certified Distressed Property Expert (CDPE), I am knowledgeable of the entire landscape of foreclosure avoidance options and is distinctly qualified to negotiate with banks and help financially strapped homeowners here in Menifee (and throughout the entire Temecula Valley) regain peace of mind and a sense of stability for the future.

I have developed a free report entitled “This Sunset is Beautiful” that is accessible from my website, www.StopForeclosureInMenifee.com. If you yourself or someone you know is a distressed homeowner in Menifee (or in any part of the Temecula Valley), please contact me. I can help!

If it's time to talk to a Realtor® who knows Murrieta, Temecula and Menifee, CA Real Estate or if you have specific questions relating to homes and Real Estate in Murrieta, Temecula and Menifee, CA, or in any part of the Temecula Valley, give me a call at 951.704.6370, or email me at kristiharden1@gmail.com. To learn more about Murrieta, Temecula and Menifee, CA, I invite you to visit my website and become a Market Insider today! For more information on the short sale process and how I can help, visit www.StopForeclosureInMenifee.com.