If you are thinking about selling your home or need to sell your home but have been putting it off, then continue reading for a few good reasons to list your home now rather than waiting for spring:
- Congress has extended the Mortgage Debt Relief Act through 2013. This may allow you to have the difference between what you owe and what you can sell your home for, be an income tax free event. (This is commonly referred to as Short Selling). Always check with your financial and/or tax professionals for advice on what’s best for your situation.
- Nevada’s AB 284, which has dramatically slowed the number of foreclosures, may or may not continue in its current form. Lawmakers (being pressed by lenders) may make changes to the legislation this year. This