House Passes extension on Mortgage Forgiveness Debt Relief

Last night the United States House of Representatives extended the income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences. The bill containing the income tax exemption on forgiven mortgage debt and other expired tax provisions passed by a vote of 378 to 46. However, The United StatesContinue

Consider a Short Sale

Do You Qualify for a Loan Modification? By Sandy Flores  If you have made ​​many attempts to get a loan modification and did not reach any reasonable agreement that suits you, or perhaps modifying the process is just simply not for you, you have the option to qualify for a short sale , and thus avoidContinue