IRS to give break to distressed homeowners
The Internal Revenue Service (IRS) last week announced it is “subordinating” federal tax liens and allowing primary mortgage holders to take precedence when a mortgage is refinanced or the home is sold. Homeowners with federal tax liens tied to their properties may find it difficult to refinance or sell. The new IRS program allows homeowners to refinance or sell a home without first having to pay any federal tax liens. The IRS is not forgiving the debt though, and homeowners must pay any back taxes owed.
To read the full story, please click here:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008
Thursday, December 25, 2008
Wednesday, December 24, 2008
Saturday, December 13, 2008
Santa & Mrs.Claus
Santa Claus has arrived in downtown Sonora, CA on Washington Street in front of the Tuolumne County Courthouse. A great place for a visit and photo.
Monday, December 8, 2008
Sonora CA Sunset
Sunsets in Sonora have been outstanding as seen from the City of Sonora looking West.
Friday, December 5, 2008
Monday, December 1, 2008
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