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Debt Forgiveness Tax Relief on the Horizon

<espite significant recovery in home prices, independent estimates from economic analytics firm CoreLogic show that there are still roughly 5 million homeowners whose homes are worth less than the outstanding mortgage balance. This means 11 percent of all homeowners with a mortgage are still “under water.” The NAR recommended a two year retroactive extension of the debt relief provisions.tax-relief-realtors-clients-homeowners

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