Brought to you by SANDIEGOHOUSESHOP.COM (619) 354-4636 or Click here http://www.sandiegohouseshop.com/contact to Reach a CHULA VISTA AND SAN DIEGO SHORT SALE SPECIALIST Hugo Sanchez Realtor
Bill to help underwater homeowners
This bill is very important for all the California people that are looking in to doing a Short Sale and recieve the forgiveness from the state. If you live in Chula Vista or San Diego you need to read this one out !
If you have any further questions give us a call or visit us at www.sandiegohouseshop.com
SB 30 (Calderon, D-Montebello) will for one more year exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction).
Bill to help underwater homeowners
This bill is very important for all the California people that are looking in to doing a Short Sale and recieve the forgiveness from the state. If you live in Chula Vista or San Diego you need to read this one out !
If you have any further questions give us a call or visit us at www.sandiegohouseshop.com
LOS ANGELES (Jan. 7) – In an effort to conform state law to a federal law passed last week that extended mortgage debt forgiveness, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is sponsoring Senate Bill 30, so that California homeowners on the brink of foreclosure can get much-needed debt relief.
SB 30 (Calderon, D-Montebello) will for one more year exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction).
“We applaud Senator Ron Calderon for acting so quickly on an issue that’s critical to the housing market,” said C.A.R. President Don Faught. “We urge the California Legislature to also act quickly and pass a measure that will give hope to tens of thousands of California homeowners and provide the vital financial relief they need in order to make important personal financial decisions.”
For any more info call us or visit us. at www.sandiegouhseshop.com/contact
Do you want to know the Short Sale Facts for Short ?
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