Culpeper Distressed Homeowners Get Short Sale Relief From The IRS

Culpeper Distressed Homeowners Get Short Sale Relief From The IRS

Good news for distressed homeowners! The Homeowner Debt Relief Act 0f 2007 was extended through 2016. This means that homeowners who conducted a  in 2015 or are contemplating doing so in 2016 will get relief from paying tax on the forgiven debt.

If you know anyone who is upside-down on their mortgage and needs help, please share this with them...I'll be happy to go over their options, and if a short sale is the best option, I can help.  Give me a text/call (540-718-6609) or send me an email at 

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NAR Issue Brief: Omnibus Appropriations Bill Real Estate Provisions Read about the real estate provisions of the bill. REALTOR.ORG

Mike Butters Headshot
Phone: 540-718-6609
Dated: January 21st 2016
Views: 1,213
About Mike: Mike is one of the owners and Associate Broker of EXIT Cornerstone Realty, located in Culpeper Virgi...

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EXIT Cornerstone Realty
609 S. Main St.
Culpeper, VA