In spite of positive signs of recovery in the economy and Ventura County Real Estate, our nation’s market remains fragile. More than 25% of transactions are still distressed properties. You can take action now and tell Congress to extend Mortgage Forgiveness Tax Relief.
Without this extension, anyone involved in loan modifications, short sales, or foreclosures will face a big tax bill. Consumers and the housing market do not need that financial burden. Doesn't seem right to me that homeowners should be taxed on money they’ve already lost with cash they never received.
It only takes a minute to click on this link and tell Congress to finish their unfinished housing related business upon returning to Washington, DC after the election. We don't need any new obstacles that could throw the housing recovery off track. Help pass an extension of Mortgage Forgiveness Tax Relief - Click on the link below the picture and take action today.