Good News For Homeowners Facing Mortgage Debt Cancellation
Great News....the Mortgage Forgiveness Debt Relief Act has been extended a year. This is a great way to start off 2013. Please contact our great team that has an excellent record for getting short sales closed.
Inland Empire Group
Sellers Hotline- 909-772-8561
Buyers Hotline- 909-294-6637
Happy New Year! I was happy to start off my 2013 with the news that the Mortgage Forgiveness Debt Relief Act was extended a year with the passing of the American Taxpayer Relief Act of 2012. Bet the Realtors on this site are, too!
Housing Counselors sort through many options with homeowners facing financial hardship that have them seeking foreclosure alternatives. Many of those options could potentially lead to the possibility of tax consequences - i.e. principal forgiveness under the National Mortgage Settlement program's modification or refinance programs, in addition to a short sale, deed-in-lieu of foreclosure or foreclosure.
Good news to start 2013 off with, don't you think?
Karen Pierce Cooper - Housing Counselor/Certified Foreclosure Intervention & Default Counselor
NMLS #223305
ACCESS - "Helping People Help Themselves Since 1976"
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