2 Articles match "Florida","Homes","Magazine"

The Latest from RealtyTrac MORE
Bush Foreclosure Solution Just Adds Water
At present, under the Tax Code a homeowner who loses a home to foreclosure has to pay income taxes on any portion of the mortgage debt the lender may decide to forgive. Given such reasoning, amending the legislation’s core concept may indeed be justified because in the free market system under which this country operates homeowners, like any other consumers, should not be rewarded for making bad financial decisions in purchasing more home than they could really afford in the first place. It wasn’t very long ago that President George W. Bush came out with a public policy statement
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Now Homebuilders Face Foreclosure
This week, Florida-based homebuilder Tousa Inc. billion, Tousa is the largest publicly traded homebuilder to file bankruptcy and is one of 14 builders who have recently filed bankruptcy, according to Builder Magazine . based Levitt & Sons, Elliott Building Group in Pennsylvania, Turner-Dunn Homes Inc. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Now Homebuilders Face Foreclosure
    This week, Florida-based homebuilder Tousa Inc. billion, Tousa is the largest publicly traded homebuilder to file bankruptcy and is one of 14 builders who have recently filed bankruptcy, according to Builder Magazine . based Levitt & Sons, Elliott Building Group in Pennsylvania, Turner-Dunn Homes Inc. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Bush Foreclosure Solution Just Adds Water
    At present, under the Tax Code a homeowner who loses a home to foreclosure has to pay income taxes on any portion of the mortgage debt the lender may decide to forgive. Given such reasoning, amending the legislation’s core concept may indeed be justified because in the free market system under which this country operates homeowners, like any other consumers, should not be rewarded for making bad financial decisions in purchasing more home than they could really afford in the first place. It wasn’t very long ago that President George W. Bush came out with a public policy statement
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE