Thursday, December 20, 2007

NAR THANKS BUSH FOR SIGNING DEBT BILL

The NAR statement on Realtor.org includes the following:
"Today's bill will ensure that any debt forgiven on a mortgage secured for a principal resisence will not be taxed."

The full statement follows:

Bush Signs Mortgage Forgiveness Bill

Again, I encourage anyone having difficulty with their mortgage contact their lender first in the interest of working out a solution. Many unscroupulous people are pretending to assist those in difficulty while creating an even worse problem for their own benefit. Trust your lender first!

And check the December 7 entry in this blog for further info on assistance.

No comments: