Month: December 2012

The End of Mortgage Debt Relief Law could Hurt Home Prices

Written By: Emil Fleysher | December 24, 2012 | Debt
There are several things that can affect home prices and one of them is Mortgage Forgiveness Debt Relief Act. If President Obama and Congress fail to come to an agreement about how to resolve the fiscal cliff, the proposed tax hikes and reduced government spending will cause Floridians a whole host of new troubles. First,
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Florida Leads the Nation in Foreclosures... Again

Written By: Emil Fleysher | December 18, 2012 | Foreclosure
For the 3rd month in a row, Florida has the nation’s highest foreclosure rate. One in every 304 Florida homes was in some stage of foreclosure in November – more than twice the national average. Additionally, there are 550,000 Florida homeowners who are over 90 days delinquent but have not yet received default notices. The
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