How will the sunset of the Mortgage Debt Relief Act affect distressed homeowners wanting to complete a short sale?

Welcome!  And thanks for reading The West Valley Home Team's blog series answering Frequently Asked Questions about Litchfield Park and Goodyear Short Sales!

The Mortgage Debt Relief Act has provided the opportunity for millions of distressed and underwater homeowners take advantage of short sales or loan modifications without thousands of dollars of tax implications.  The law is set to expire at the end of the year and time is running out for homeowners with unaffordable mortgages to take advantage of its benefits.

 

For more information about the expiration of the Mortgage Debt Relief Act, please visit www.WestShortSales.com.  Get a copy of the report entitled "Congress Closing the Door on Debt Relief?"

For a free confidential consultation please call me at 623-252-9350.