The Mortgage Forgiveness Tax Relief Act extension, that eliminated forgiveness of debt tax for most homeowners, and had actually previously expired on December 31, 2013, was passed by Congress right before Christmas 2015; signed by the President, and has now become law.

This positively affects short sale sellers. It […]

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It’s important to prepare a home for the cold weather ahead. And, you don’t have to spend a lot of money to do this. Following are winter home improvement projects that home owners can do for less than $1,000:

 

#1 HEATING

It’s that time of the year again. Your home […]

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Rental Dilema

On November 11, 2015 By

 

 

In August, rents spiked 3.6 percent over the same time a year earlier, the fastest pace since 2008. As rental vacancy rates fall across most partsĀ of the country and more jobs are created, they will continue to jump further. This trend is both good news and bad news.

Naturally, people collecting […]

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Short Sales Explained…

On November 2, 2015 By

What is a short sale?

Selling a home for less than the amount the current owner owes the mortgage company is called a short sale.

Buying a home that is a short sale is different from buying a property that is actually owned by the bank, known as an REO, or real-estate owned […]

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