So here we are again waiting to see if Congress will extend the 2007 Mortgage Forgiveness Debt Relief Act (Act) for another year. The extension came late last year because of the Fiscal Cliff negotiations. It was finally extended as part of the American Taxpayer Relief Act of 2012 which was enacted January 2, 2013. Why do we…
- Tag: Mortgage Forgiveness Debt Relief Act
What Agents Say
Most settlement attorneys do not have the experience, time or staff to facilitate short sales. If they do agree to facilitate the short sale, it is usually on an hourly fee or with a predetermined fee to the seller. If Wilde Law Firm, PLLC facilitates the short sale, our experienced staff manages the transaction in a friendly, competent and professional manner, with fees typically paid by the lender. There is no up front cost to the seller and no cost if the property does not close.