“In normal times, most of us would never consider forgiving unpaid tax bills, but these are not normal times.”
-Dave Liniger, RE/MAX co-founder and chairman
Not all eyes are on the election. Some of us are looking past it, focusing on changes and proposed changes to the mortgage and real estate markets that could undermine home sales, home values and consumer finances in the very near future.
One of those pending changes is the Mortgage Forgiveness Debt Relief Act of 2007 which is scheduled to expire on Dec. 31.