mortgage: Congress Renews Mortgage Debt Relief Act!
- 01/16/13 11:11 PM
On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars in taxes[1], is great news for struggling homeowners nationwide.
The Mortgage Forgiveness Debt Relief Act was originally passed in 2007 to aid the millions of homeowners who suddenly found themselves in danger of losing their homes to foreclosure following the housing market crash.
Under the Mortgage Forgiveness Debt Relief Act, any debt forgiven in a short sale, foreclosure, or loan modification, is exempt from federal taxes on … (0 comments)
mortgage: Your Ticket to Freedom from Mortgage Frustration
- 07/09/12 05:59 AM
Your Ticket to Freedom from Mortgage Frustration In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of the housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, however, the feeling of helplessness can be overwhelming and frustrating. CLAIM YOUR TICKET TO FREEDOM! As a Certified Distressed Property Expert (CDPE), I make it my business to know all of the ins-and-outs of the options that are available for people … (0 comments)
mortgage: Escape Your Unmanageable Mortgage
- 05/08/12 05:24 AM
Escape Your Unmanageable Mortgage: Getting free doesn’t have to mean running away. Perhaps you have heard about it. On the news, a reporter tells a story about how the housing crisis has caused some homeowners to simply walk away from their homes. It sounds crazy, but many people are being led to believe that walking away from their home is a good (or even the best!) option. It is called Strategic Default. For distressed homeowners who believe that they have no good choices left, the idea of walking away free of consequence may sound like a relief. The reality, however, is … (0 comments)
mortgage: First Time Home Buyers: Tips To Make Your House A Home!
- 06/21/10 05:35 AM
RISMEDIA, June 21, 2010-After getting the keys to their new homes, many first-time home buyers are excited about finally having the opportunity to personalize and furnish their new house. From coffee tables to lamps to lawnmowers, many previous renters leap into homeownership quickly realizing they need to do a lot of shopping to truly make their house a home. "Whether you've been living in an apartment with roommates or at your parents' house, many first-time home buyers do not think about all the items they need - and want - when moving into a house," said Janice Jones, national vice president … (1 comments)
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