The Mortgage Debt Relief Act is due to expire at Midnight, December 31, 2012. This means that distressed homeowners who are trying to complete a short sale or foreclosure will be liable for taxes on the amount of their loans which is forgiven – IF their transaction does not close by December 31st. There has
SFR Investors To See Glut Of Highly Motivated Sellers As MDR Act Likely To Expire At Year’s End
Unorthodox Profits From Tax Liens
Sometimes to make money in real estate you have to go against the flow. One of the unorthodox and advanced strategies I employ involves bidding on tax liens that most people won’t understand, but which I’m about to explain to you now.
Affordability Is The Real Key To A Sustainable Housing Recovery
By now everyone agrees that housing needs to turn around in order for the general economy to see any kind of robust recovery. Indeed US housing is a cornerstone of the general economy, because of it’s ability to create and sustain a wide variety of jobs. But any significant recovery in housing will require a broad base of participation, and not just from the rich…