Breakdown of the Show
- We are joined in the first two segments by Ian Faria. Ian is a Director and real estate attorney with the Coats Rose Law Firm. He gives us some great information about what recourse homeowners might have with builders who are not making good on their warranties or other problems. You can learn more about Ian on his bio page.
- Senior Economist, Bob Denk, with the National Association of Home Builders gives us his take on what the housing market will look on 2013.
- James and I talk about the Mortgage Forgiveness Tax Relief endangered by the ongoing Fiscal Cliff negotiations in Washington. If this program gets cut, former homeowners who completed a short sale would owe income taxes on the amount of debt forgiven in the deal. This is “kicking someone while they are down.” Lets hope our leaders in Washington realize the impact this would have on struggling Americans.