Tag Archives: short sales

Tucson real estate : Short sale debt relief extended, let’s all take a breath…

Posted on January 3, 2013 by Lisa Bayless

Time to exhale…Congress passed the The American Taxpayer Relief Act of 2012 (Sec. 202) which extends the Mortgage Forgiveness Debt Relief Act through December 31, 2013. Continue reading →

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Tucson Real Estate : Short sales, buyer beware…

Posted on October 11, 2011 by Lisa Bayless

A short sale is when the list price of a home falls short of the amount owed against the home (mortgages, liens…). The property owner cannot afford to repay the full amount owned on the home and the debt holders agree to release their lien on the home and accept less than the amount owed on the debt.
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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , | Leave a comment