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The National Association of REALTORS® has done a good job reporting the effect on the housing industry of the American Taxpayer Relief Act passed by Congress this week. Beyond the change in personal income tax rates that have filled virtually all news accounts, the Act also extends mortgage cancellation relief that has made short sale a … Continue reading
Approximately 6 million homeowners nationwide have missed at least two mortgage payments, and as many as 10 to 12 million foreclosures are possible in the next three years. This new program aims to help. Continue reading
Bill Morris on Austin Real Estate 