Short Sale Regulations

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Short Sale Regulations – This is a place for the community to provide tips and advice on Short Sale Regulations. This topic was created by Stefan Stern and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Short sale tax break signed into law

Published: 9 years, 3 month(s) ago | Submitted by Ronald Brien | permalink

Homeowners who had short sales in 2014 can now breathe a giant sigh of relief, as the Mortgage Debt Forgiveness Act was signed into law by President Barack Obama. The short sale tax break lives on, for now, at least.
Tags: Congress,Mortgage Debt Forgiveness Act,Mortgage Debt Relief Act,Short sale,Tax relief,U.S. House of Representatives,U.S. Senate,mortgage lending,taxes

For further reading: http://www.housingwire.com/articles/32456-short-sale-tax-break-signed-into-law ^[1]

Tip 2 - Home Short Sale Regulations

Published: 9 years, 3 month(s) ago | Submitted by Vivienne Quarrie | permalink

In 2010, the U.S. government established the Home Affordable Foreclosure Alternatives (HAFA) program to prevent foreclosures and streamline the short sale process. Previously, short sales sometimes ...

For further reading: http://homeguides.sfgate.com/home-short-sale-regulations-7194.html ^[2]