foreclose: A personal MESSAGE to FRIENDS, FAMILY, NEIGHBORS, & Associates!
- 01/07/13 03:27 AM
Friends, Family, Neighbors, and Business Associates! As I am sure you have heard by now, there is fantastic news for underwater homeowners and I am trying to get the word out to those who may be in need! On January 1, 2013, Congress passed a year long extension of the Mortgage Forgiveness Debt Relief. Originally passed in 2007, the Mortgage Forgiveness Debt Relief Act exempts qualifying homeowners from paying taxes on mortgage debt forgiven during a short sale, loan modification or foreclosure. With the extension of this act, struggling homeowners can avoid foreclosure without facing thousands, even tens of thousands, in (1 comments)