If you’re a homeowner, savvy investor, Realtor, accountant, or in any way concerned about the US housing market, chances are you’ve heard of the Mortgage Forgiveness Debt Relief Act of 2007. Passed in (you guessed it) 2007, this Act is centered around one main idea, but broken into two separate scenarios.
It was just announced that the Mortgage Debt Forgiveness Act will be extended through 2013!!
Collapse of the European Central Bank (ECB) sends tidal-force shockwaves of debt rippling through the US.
How to Get Out of Bad Debt Last week we established that it is a good time for people to be making real estate investments. This week I would like to take a look at those who are already in the market; and like so many people made the mistake of buying during the boom.
