The Mortgage Forgiveness Debt Relief Act Has Been Extended
The Mortgage Forgiveness Debt Relief Act has been extended. Good news if you’re thinking of selling your home as a Short Sale here in South Florida. Have you been concerned about whether or not you’d have to pay taxes on the deficiency balance forgiven by your Lender? Good news has arrived! The Mortgage Forgiveness Debt Relief Act has been extended until January 2014, expiring after Dec 31 2013. You can now have some peace of mind knowing you will not have to pay taxes on the forgiven mortage loan balance.
Call me now for a Confidential Complimentary Short Sale Consultation to see if you qualify to sell your home as a South Florida Short Sale. As your South Florida Short Sale Specialist, I’d be happy to help you with getting your life back on track. 2013 is going to be a good year for you!