Home > Blogs > Florida > Broward County > Congress Extended the Mortgage Debt Relief Act through 2013!

Patty Da Silva, CDPE, e-PRO, GREEN

BROKER - Green Realty Properties®

By Patty Da Silva | Broker in Davie, FL

Congress Extended the Mortgage Debt Relief Act through 2013!

Congress Extended the Mortgage debt relief Act through 2013!Congress managed to pass an extension to the Mortgage Forgiveness Debt Relief Act as part of their last minute deal to avoid the dreaded fiscal cliff.
Congress extended the act through 2013;  the Act was established in 2007 and it was set to expire on December 31st, 2012.
The Act forgives the tax incurred by homeonwers (primary residence only) who complete a short sale or loan mod. 
I see a lot more short sales in my New Year!

If you or anyone you know need help Selling or Buying a Home in Broward & Miami-Dade Counties, please don't hesitate to call me at 954.667.7253

Help lots of people and have a great day!

Patty Da Silva, CDPE©, RESS®, AHWD®, e-PRO®, GREEN, CFS, TRC, RSPS

BROKER - REALTOR® Serving South Florida ::: 954. 667. SALE (7253) ::: Green Realty Properties®

Visit www.PattyDaSilva.com & www.GreenRealty.net for SouthEast Florida's best properties.

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By David & Samuel Rifkin,  Tue Nov 12 2013, 12:40
Thanks for this great information.

Samuel Rifkin

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