Homeowners and sellers escape “fiscal cliff” with key benefits

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

Homeowners and sellers escape “fiscal cliff” with key benefits

Even thought the Fiscal Cliff was not such a total win win for Homeowners and Sellers, the work done to it by Capitol Hill Came pretty close to something favorable to them. 

As LATIMES.com Reported reports in this Blog: 

Here's a quick tally sheet on what the new legislation could mean for you as a buyer, seller or owner.

• Do you, like millions of Americans, pay mortgage insurance premiums or guarantee fees on anFHA, VA, Fannie Mae, Freddie Mac or Rural Housing loan? The American Taxpayer Relief Act — the fiscal cliff compromise bill — allows you to write off the insurance premiums you paid during 2012 along with your mortgage interest, provided your household income does not exceed $110,000. Legal authorization for this deduction expired at the end of 2011. But the new bill retroactively permits write-offs for 2012 and 2013 for qualified borrowers.

For more info on this topic Click here 

If you been thinking on selling your home or you owe more than your house is worth please let us help you. 

Contact us at http://www/sandiegohouseshop.com/sell



Do you want to know the Short Sale Facts for Short ? 

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HAFA program Explained? 

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Do you Qualify for a Short Sale? 

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MFDRA
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Did You received an N.O.D.
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2012 is almost GONE!

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

So what’s happening next, 2013 is almost here!

Many people are talking about the Fiscal Cliff, also about the in MID and last but not least the debt forgiveness act.

According to the experts president Obama still discussing what it’s going to be done about the fiscal Cliff.  This week President Obama is addressing Congress. For more info  click here.

When he comes to the MID talks are still on the table with Congress are discussing perhaps an extension or a new more updated version of it. See below for report and also how to fix action.

Click Here for the report   Click here for the call of action!

The debt forgiveness act many talks have been around this particular topic because without it there chances that people will wind up owing money to the government because of capital gains. There is no reason why to worry yet because back in February Pres. Obama was trying to enact a new bill (FY2013) which integrated the debt forgiveness act as part of it, if this happens to pass then many things will be taking care of. Click Here for more info about the Bill.

In case you have any more questions feel free to contact us! 

Do you want to know the Short Sale Facts for Short ? 

Click Here 

HAFA program Explained? 

Click Here

Do you Qualify for a Short Sale? 

Click Here