|

Real Estate News from the Ground Up™ December 2012
|
|
TO: Friends of Total Property Resources (TPR) and
Total Property Management Services (TPMS)
We value our relationship with you and look forward to working with you in the year to come. On behalf of all of us at Total, we wish you a very happy Holiday Season and a New Year filled with peace and prosperity.
Total Property Resources, LLC

|
Looking At Changes In The Real Estate Market
Posted by: Julie Sabathier
Our broker, Cheri Smith, represented Bend in the OPB's Think Out Loud discussion about changes in the real estate market. To listen to the podcast that aired on December 4th, please click here. |
|
Fannie and Freddie halt foreclosures for the holidays
By Les Christie @CNNMoney
Mortgage giants, Freddie Mac (FMCC, Fortune 500) and Fannie Mae (FNMA,Fortune 500), announced Monday that they will suspend all bank repossessions beginning December 17 and December 19, respectively, and will not resume the evictions until January 2, 2013. For the full article, click here.
|
|
The Fine Print - December 2012 Issue

Be Sociable, Share!
Debt Relief, Short Sales, Deficiencies, Oh My! (think Lions, and Tigers and Bears ...)
Question: I am considering selling my home in a short sale, but my Oregon real estate broker has told me that I may be subject to taxes because of the December 31st expiration of a federal act providing relief to distressed homeowners from 1099 income. Is this true, and if so, should I cancel my plans to sell my home?
Click here for the ANSWER.
DISCLAIMER: this column does not constitute the giving of legal advice, and your reading this column does not create an attorney/client relationship. You are encouraged to consult a lawyer or accountant should you have questions about how this information may be applicable to your particular situation.
David R. Ambrose
Principal, Chief Executive Officer
Ambrose Law Group LLC

Direct Dial: 503.467.7217
drambrose@ambroselaw.com
|
|
Is your Chimney ready for Santa?
|