ADDED January 31, 2013
Beginning March 1st, Fannie Mae and Freddie Mac will begin the process of allowing some home owners to cancel their underwater mortgage debt using a deed in lieu foreclosure alternative. If you are wondering how and if this applies to your home, read on. If you have needed to move for job relocation, status changes,…Read More »
ADDED January 8, 2013
If you thought you no longer qualified for tax savings on improvements done in 2011 or 2012, you’ve had a reprieve. The American Taxpayer Relief Act of 2012 extended residential energy tax credits for existing energy efficient homes retroactively, meaning that certain improvements made on your home since the former expiration date of 2011 now…Read More »
ADDED January 2, 2013
If you have been considering a short sale for your home, you’ll be excited to know that the Mortgage Forgiveness Debt Relief Act of 2007 was extended through the end of 2013. The Mortgage Forgiveness Debt Relief Act extends mortgage cancellation relief for home owners and sellers through disallowing taxes on the portion of their…Read More »
ADDED December 18, 2012
A quick look over the last few years has more than a few homeowners concerned about natural disasters and power outages. With cold weather quickly approaching (and some predicting an impending end to the world), it is important to take steps to ensure your safety and the safety of your home, in any situation. One…Read More »
ADDED December 13, 2012
Have you been wondering what changes and developments in the 2013 housing market will mean for your home? If so, you’re not alone. A series of predictions published on December 10, 2012 by Frank Nothaft, Vice President and Chief Economist of Freddie Mac may provide some clarity. Review the bullet points below or watch the…Read More »
ADDED December 11, 2012
Headlines about the fiscal cliff may lead you to think that housing transactions are tapering off, yet according to the Fannie Mae National Housing Survey for November, that simply is not the case. In fact, Americans are displaying more confidence in the housing market and economy than previously shown, which is good news for your…Read More »