-
Florida homeowner tax cut extended; forgiven mortgage debt excluded from taxable income
Source: Palm Beach Post Florida homeowners have one more year to complete a short sale and benefit from a federal tax break that was set to expire Tuesday. Read more…
-
Homeowner tax cut to expire, forgiven mortgage debt would become taxable income
Source: Palm Beach Post The Mortgage Forgiveness Debt Relief Act of 2007 is scheduled to expire Dec. 31. Who’s affected? If no extension is granted, homeowners will have to pay […]
-
South Florida foreclosure discounts shrinking
Source: Palm Beach Post Buying a South Florida foreclosure isn’t the slam dunk steal it once was, according to a new report that found shrinking discounts on distressed properties. Read […]
-
Pam Bondi: Mortgage Settlement Money Isn’t for State Employee Pay Raises
Source: Sunshine State News Attorney General Pam Bondi is adamant that a $334 million mortgage settlement sitting in escrow since February will go to distressed Florida homeowners, not to state […]
-
Lower-priced home inventory down 33 percent in South Florida
Source: Palm Beach Post The inventory of homes for sale at $105,600 or less dropped 33 percent in South Florida during the past year, making it difficult for first-time buyers […]
-
South Florida at bottom for middle class to afford a home
Source: Sun Sentinel South Florida ranks at the nation’s bottom for offering the American Dream to the middle class, when it comes to buying a house, according to a new […]
