Orlando Short Sale NOW, Before Mortgage Debt Forgiveness Law Expires

Orlando Short Sale NOW, Before Mortgage Debt Forgiveness Law Expires

A law that helps Orlando homeowners avoid taxes on the short sale of their home is scheduled to expire at the end of this year. A short sale is one of the best non-bankruptcy alternatives for the many Orlando homeowners who are in financial distress due to having an underwater home. In a short sale transaction, the home is sold and the bank that holds the mortgage agrees to accept payment for less than the mortgage loan balance. An Orlando short sale allows the homeowner to transfer title, avoid foreclosure, and eliminate their mortgage debt.        Continue Reading

Recent Articles

May 30, 2019

New Prepaid Card Regulations Protect Consumers

READ MORE
February 12, 2019

How to Prevent Infant Drowning in Florida

READ MORE
August 10, 2018

When do you need an Orlando bicycle accident attorney?

READ MORE
BROWSE ALL OUR BLOGS