The New Year is here and with it comes some good news for homeowners all over the nation. Congress finally passed the fiscal bill last week with favorable outcome for the mortgage owners. Let’s evaluate the various tax relief outcomes from the bill. Extension of American
It is that time of the year again when everyone is rushing to finish their holiday shopping and kids are waiting for Santa to visit. It is also time to look back at the year that has gone by, to review the good and bad.
We are approaching the New Year and this is a good time to start getting things in order…because it will soon be tax season. “Let us enjoy the holidays”, you must be saying; but it is never too early to start putting things in order
The year is about to end and it’s a good time to plan the financials for next year. One major concern that some of you may be facing is regarding the mortgage tax relief. Let us rewind to 2007 when the Mortgage Relief Tax Exemption
We are sure that many of you would have been huddled in the cold, waiting for your favorite stores to open on Black Friday. Those who prefer to shop from the comfort of their homes, would have looked forward to Cyber Monday. However, did any
Buying a home and being able to make mortgage payments regularly have been difficult in the past few years. With massive unemployment rates, more people have been forced to take up rental living. The government has been putting forward various measures to help homeowners and
We came across a very interesting study from the California Association of Realtors® (C.A.R.) on the cycle of housing short sale and will be evaluating the same in this blog. 2012 has lenders rejoicing a little because they have had some luck in handling short
As mentioned in an earlier blog, Paperless Mortgages, the IRS has finally made a decision to start using electronic signatures on its form 4506-T. Many organizations have been using e-signatures for quite some time now; the IRS and FHA were among the few who were
In the wake of the rampage created by Hurricane Sandy, Freddie Mac has offered to help homeowners whose homes have been damaged or destroyed. The government-controlled mortgage finance giants Freddie Mac and Fannie Mae form the backbone of the mortgage industry. They buy home loans from banks and other lenders,