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Foreclosure Clouds Might Shower Without Congress Help

The foreclosure market has been declining at a healthy rate over the past few years, but we might witness a rebound without proper Congressional support. Congress authorized a tax exemption bill offering some relief under mortgage debt forgiveness. The bad news is that bill has expired in 2013 and has not been extended as per […]

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Freddie Mac Not the Protective Sibling You Expected

Those looking to short sale may be shocked at how Freddie Mac will treat their hardship   In this weeks episode of local radio show Real Estate Rescue, host Tracy “Royce of Real Estate” will be uncovering what some agents and industry professionals pray isn’t true about one of the largest mortgage investors in the […]

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Short Sale Attorney to discuss legal side of Short Sale Arizona

Short Sale Arizona topics to be covered by Short Sale Attorney on radio show for distressed market   William A. Kozub of Beren’s, Kozub, Kloberdanz & Blonstein will be joining Arizona Short Sale Realtor Tracy “Royce of Real Estate” on Real Estate Rescue Radio.   Real Estate Rescue Radio is Arizona’s premier radio show dedicated […]

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Arizona Foreclosures Hardly Affected by Debt Relief Extension

State law keeps the Arizona foreclosure process running as normal   Although many homeowners across the country were nervously awaiting the outcome of the Mortgage Forgiveness Debt Relief Act of 2007 expiration, the wait was anything but stressful for Arizona homeowners that understand the basis of non-recourse debt.   The act, which previously allowed homeowners […]

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Still time to Short Sale: Mortgage Foregiveness Debt Relief Act Extended through 2013

Those needing Arizona short sale help can still sell and capture debt foregiveness   In the ultimate show of procrastination, the Mortgage Forgiveness Debt Relief Act was extended once again through the end of 2013. The act was kept in place, in part, to avoid the Fiscal Cliff that’s been much the topic of discussion […]

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New Tax Bill Could Mean Trouble for Short Sellers Who Don’t Act Now

Facing a foreclosure is no fun and games as it is, but things could get even worse for homeowners who do not eliminate their mortgage debt by the year’s end. Astonishing tax bills may be on the way if Congress does not act fast.   On December 31, the Mortgage Forgiveness Debt Relief Act will […]

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Compassion & Clarity from your Team

“Hi Tracy...Thank you for keeping in touch and keeping us advised as steps progressed. .Reg and I are soooo very thankful for you and the Team’s handling of all the sheets and letters we received from our mortgage company. We are sorry we lost our beautiful home, but glad it was handled the next best way (for our credit) and that someone else now desires it..."...

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