General Appraising & Consulting Services, Inc. is a full service real estate appraisal firm dedicated to providing our clients professional, quality driven solutions for their valuation needs in the far Western North Carolina region.

Tag Archives: tax break

Tax break for underwater homeowners

Posted on January 3, 2013 by

A key tax break for underwater homeowners considering short sale was extended as part of Congress’s fiscal cliff deal. The Mortgage Forgiveness Debt Relief Act, which was signed into law in 2007, exempts homeowners from having to pay federal taxes on… Continue reading →

Posted in Mortgages | Tagged fiscal cliff, mortgage, Mortgages, news, tax break | Comments Off

Fiscal cliff hits underwater homeowners

Posted on November 28, 2012 by

As the fiscal cliff looms, a crucial tax break helping underwater homeowners may get overlooked by Congress, resulting in devastating consequences. Continue reading →

Posted in Mortgages | Tagged debt relief act, fiscal cliff, mortgage, Mortgages, news, tax break | Comments Off

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Tag Archives: tax break

Tax break for underwater homeowners

Fiscal cliff hits underwater homeowners