Mortgage Debt Relief Act - Why To Act In 2012

THE MORTGAGE DEBT RELIEF ACT OF 2007 EXPIRES AT THE END OF 2012

This act allows you to exclude and NOT PAY TAXES on debt forgiven by a lender during a short sale or foreclosure. This means that you WILL PAY TAXES on any short sale or  foreclosure not completed before the end of 2012.

Since short sales usually take months and months to complete, YOU MUST ACT NOW.

We have successfully closed dozens of short sales of your neighbor’s homes and can even obtain moving expenses for you.

To discuss your options and experience a higher level of service, contact us today: 714-540-7355 or shortsales@torellirealty.com.