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Breaking News! Mortgage Debt Relief Act will be extended through 2013 as part of the Fiscal Cliff Deal!

The extension means homeowners now will be excused from paying taxes on forgiven mortgage debt through 2013. The debt relief was set to expire Dec. 31.

Short Sale Debt Forgiveness Extended through 2013

This is a huge relief for homeowners who currently or intend to sell their home as a short sale or perform mortgage modifications. Without this extension these sellers may have faced tax bills in the tens of thousands of dollars.

Jesse Madison

Real Estate Broker at One Point Plus Real Estate CDPE, Certified Distressed Property Expert SFR® Certified, Short Sales and Foreclosure Resource SRES Certified Senior Specialist Bilingual REO/ Short Sale Listing Specialist | Se Habla Espanol One Point Plus Real Estate, Broker Lic. # 01366391 Direct (949) 306-8416 Fax (951) 616-2015 Orange County: 30012 Ivy Glenn, Ste 200 Laguna Niguel, CA 92677 www.OnePointPlusRealEstate.com Certified HAFA Specialist CDPE, Certified Distressed Property Expert Accredited REO Agent™ Certified MBE, NAHREP, CREOBA, LionsGate Certified, Five Star Professional Designee, CCIM Candidate, NVSI Certified National Minority Supplier Development Council (NMSDC) member.

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Jesse Madison
Tags: CDPE certified agent Orange CountyMortgage Debt ReliefMortgage Debt Relief Act extended through 2013OC Short SalesOrange County Mortgage Debt reliefOrange county Short SalesRiverside County Short SalesSan Diego County Short SalesSFR certified agentShort Sale Agent Orange CountyShort Sale Expert Orange County
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