Charleston, SC (PRWEB) December 19, 2013
The Mortgage Cancellation Relief Act passed in 2007 relieving homeowners who get part of their mortgage loan forgiven from having to pay taxes on the forgiven portion of the loan, is expiring December 31st, 2013. Homeowners in the Greater Charleston area who are underwater in their mortgages will be left behind if they don’t take action now.
“Time is running short for homeowners with unaffordable mortgages,” said Josephine Traina, Loss Mitigation Broker with Carolina One Real Estate. “The fact remains it is extremely difficult to expedite a loan modification or short sale, and the banks response to client urgency is only just starting to improve.”
As a Loss Mitigation Certified Broker in Charleston, Josephine Traina's knowledge of complicated transactions including foreclosure avoidance options, short sales, reos and is qualified to negotiate with banks and distressed homeowners for equitable solutions.
Mortgage cancellation relief will leave homeowners in the greater Charleston, South Carolina area behind and Josephine Traina can help before it’s too late. Those whom are being affected by this are encouraged to contact Josephine via the email form on her website or by calling 843-793-4023.
About Josephine Traina, ABR, CRS, GRI, PMN, SRES:
Josephine Traina, Broker in Georgia and Florida, is a Broker Associate with Carolina One, and she is a member of the Charleston Trident Association of Realtors® as well as a Realtor® of Distinction for 2010, 2011 and 2012. As licensed Broker with over 25 years in the Real Estate industry and holds the credentials of Accredited Buyers Representative, Certified Residential Specialist, Graduate of the REALTORS Institute, Loss Mitigation Certified Broker and Senior Real Estate Specialist, Josephine is dedicated to understanding clients’ individual needs and putting them at the center of the process while providing exceptional real estate experiences. To learn more about Josephine Traina and Carolina One Real Estate, visit http://www.charlestonwelcomehome.com/.