Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

Day: January 13, 2013

Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

We’ve been seeing a slow turnaround of the housing market over the past year and expect it to continue this year, but there were a few tense moments there when the Mortgage Debt Forgiveness Act was about to expire. That Bush-era Act protected homeowners from paying taxes on the unpaid portion of their debt. If…  Continue Reading

Read More
My Life In Real Estate – Ballash Road Update

My Life In Real Estate – Ballash Road Update

Come along with me as I update you on one of my rehab projects – Ballash Road. Remember, we paid $52,000, had a $30,000 rehab budget, so we are into it for $82,000. We will list it for $149,900 to liquidate it – the actual listing price should be $159,900. I take you on a quick…  Continue Reading

Read More