Thursday, December 20, 2007

President Bush Signs H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007

THE PRESIDENT: The bill I sign today will help this effort by ensuring that refinancing a mortgage does not result in a higher tax bill. Under current law, if the value of your house declines and your bank or lender forgives a portion of your mortgage, the tax code treats the amount forgiven as money that can be taxed. And of course, this makes a difficult situation even worse. When you're worried about making your payments, higher taxes are the last thing you need to worry about. So this bill will create a three-year window for homeowners to refinance their mortgage and pay no taxes on any debt forgiveness that they receive. And it's a really good piece of legislation. The provision will increase the incentive for borrowers and lenders to work together to refinance loans -- and it will allow American families to secure lower mortgage payments without facing higher more

Mortgage Debt Tax Relief Foreclosure Renegotiation Homeowner Sellers

Associated Press

Bush Signs Mortgage Legislation
6 hours ago

WASHINGTON (AP) — President Bush on Thursday signed a measure to provide financial relief for financially strapped homeowners facing foreclosure or in bankruptcy.

The bill gives a tax break to homeowners who have mortgage debt forgiven as part of a foreclosure or renegotiation of a loan. No taxes would be owed on the value of any debt forgiven or written off. Currently such debt forgiveness is taxable more

Monday, December 17, 2007

About The Mary Neilson Team Realtors

The Mary Neilson Team Century 21 Birchwood Realty will provide the information, the guidance, the personal commitment and the extraordinary service you deserve. When buying or selling property in today's market, it's important to have confidence in your real estate professional. We do the HomeWork for you.

Our TEAM members are full time, knowledgeable, friendly and energetic realtors. Mary Neilson (239) 243-5989, Donna Moyer (239) 443-7413, and Dale Hintermeier (239) 281-1577, will assist you in making your move a smooth one. Our clients say we treat them like good friends with care and respect..

Utilizing years real estate experience from Century 21 Birchwood Realty, Inc. Broker/Owner Joe Interbartollo, we have assembled an amazing group of professionals including Tracy Henry with First Priority Title Company. Tracy & her team at First Priority Title will see to it the period between contract to closing runs seamlessly. Capitol Mortgage is available for those who need prequalification lender approval quickly when you find that perfect home. We have also put together a list of insurance companies, home inspection companies and home warranty services available on request.

Specializing in Southwest Florida real estate properties including Cape Coral, Fort Myers, Fort Myers Beach, North Fort Myers, Pine Island, Matlacha, Lehigh Acres, Alva, Buckingham, Punta Gorda & Port Charlotte. The Mary Neilson Team Century 21 Birchwood Realty, Inc. will exceed your expectations.

About Realtor Mary Neilson in Cape Coral Florida

I am an Illinois native, married with 2 adult children and 4 grandchildren. A retired drag boat racer, my husband & crew chief Bill, 2 pit crew members and I traveled the country campaigning my 16' blown/gas Texas Tunnel (HOT FLASH).

Starting a new adventure in Florida, I enjoy my career in real estate, sandy beaches, boating, sports, reading, travel and friends.

I'm currently the president of Save Our Recreation Inc. An organization formed with the sole purpose of saving the 175 acres of the historical Golf Club golf course in Cape Coral from development.

Please feel free to call me 7 days a week to talk about your real estate needs. Buying or selling shouldn't be stressful. Allow me or one of my team to take the wheel for you. We'll steer you in the right direction and off to your new adventure. Thank you. Mary Neilson (239) 243-5989

About Realtor Donna Moyer in Cape Coral Florida

Born in Allentown, PA., I consider Philadelphia to the Pocono Mountains my old stomping ground.

Love all my Philadelphia sports teams, Phillies, Eagles, Flyers and Sixers, whether they win or lose. Let’s talk Nascar Racing, I’m a huge fan. Country music is where you’ll find my radio dial set.

Moved to Cape Coral, Florida to be closer to and spend more time with my mother. This move gave me the luxury to enjoy my other passions. Sun, Sand and the Warm Waters of the Gulf of Mexico. It’s truly paradise to me.

I am full-time Realtor, with 40 years of management experience. I am proud to be a detail-oriented person. As YOUR "employee", I will be looking out for YOUR bottom line.

Call Donna 239-443-7314 or email for your real estate needs.

About Realtor Dale Hintermeier in Cape Coral Florida

Born and raised in Buffalo, New York and familiar with all of western New York from Niagara Falls to Rochester, south to Jamestown, west to Ripley and most towns in between. Dale continues to be an avid Buffalo Bills football and Buffalo Sabres fan, rarely missing a game.

Employed by GM for ten years prior to running a small business in Buffalo.

Relocated to Cape Coral Florida in 1992 and opened an independent wall covering business, working closely with builders and decorators.

Now a Realtor, Dale is able to continue his desire and commitment to help people realize their home ownership dream or investment needs.

Whether buying or selling property in SW Florida you can count on Dale to be dedicated, hard working and honest.

Give Dale a call at 239-281-1577 or email

400 Miles of canals make Cape Coral Florida a Boaters Paradise

Cape Coral, a boater and fisherman delight! Dock your boat right at the back door of your canal front home or one of the marinas. Enjoy the 400 miles of canals that lead to the Gulf of Mexico via the Caloosahachee River or Charlotte Bay. Cape Coral and Fort Myers in Southwest Florida, located south of Sarasota & Venice and North of Naples & Marco Island, borders the Gulf of Mexico and offers an abundance of sunshine and warm weather as well as some of the best boating in the world. Whether it be powerboats, pontoons, runabouts, sailboats, canoes or kayaks the boating opportunities are endless. There are tarpon fishing tournaments, sailing regattas, power boat races, waterfront restaurants and secluded beaches. Cape Coral has something for everyone. If you are considering a permanent move, being transferred, thinking about a vacation or second home the real estate prices are once again at affordable levels and it's time to buy home, waterfront property or condo. Call The Mary Neilson Team Century 21 Birchwood Realty, Inc. (239) 243-5989 to reserve your place in paradise.

Sell Real Estate property in Cape Coral or Fort Myers Florida during probate

In some cases you may list and sell real estate property, houses, condos, vacant land, lots while in probate. Proceeds at closing to be held in escrow with the Attorney handling the estate. Be sure to contact your attorney first for guidance, then call on The Mary Neilson Team Century 21 Birchwood Realty, Inc. (239) 243-5989 for a FREE comparative market analysis value. Priced correctly real estate is selling in SW Florida. We will work closely with your attorney until the property is sold.

Is a Short sale an option for me in Cape Coral or Fort Myers?

Short Sale or Foreclosure in Cape Coral, Fort Myers, North Ft Myers, Lehigh Acres, Estero, Bonita, Lee County, Charlotte County? Looking for answers? What are your options? Will I receive a 1099? A Homeowners Relief Bill has passed Congress, has it made it to the Senate? Call Mary Neilson (239) 243-5989, Donna Moyer (239) 443-7413 or Dale Hintermeier (239) 281-1577 with The Mary Neilson Team Century 21 Birchwood Realty, Inc. We'll sit down with you and explain your options. Call today for a Free and totally confidential appointment.

Sell your house or condo with a realtor in Cape Coral or Fort Myers Florida

Call for a FREE CMA (comparative market analysis). Full time realtors on The Mary Neilson Team, Century 21 Birchwood Realty, Inc. will provide you with worldwide exposure when selling your home, house, condo, lot, vacant land or real estate investment property (properties) that includes 2 Multiple Listing Services (MLS),, The Real Estate Book,,, Century 21 Birchwood Realty .com and more. Get your real estate out there and seen by millions. List your Cape Coral, Fort Myers, Lehigh Acres, Estero, Punta Gorda homes, condos & lots with The Mary Neilson Team. Call Mary (239) 243-5989, Donna (239) 443-7413 or Dale (239) 281-1577

Sunday, December 16, 2007

Is it time to buy a home in Cape Coral or Fort Myers Florida?

When the weather turns frightful up north, second home buyers and retirees thoughts turn to the warm, sunny weather of Southwest Florida. Prices have come down to affordable levels on SW Florida homes, condo and vacant land. Cape Coral offers a boaters paradise with miles of canals that lead to the Gulf of Mexico. more to come.....

The new exit strategy: A short sale - Cape Coral Florida

For all the homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM that’s resetting higher), up to now the only option was, well, letting the bank foreclose. That’s not a good option since a foreclosure sticks on your credit record for at least 10 years. But some experts are now advocating a “short sale.” This is a case of a distinction with a difference: If your bank agrees to a short sale, you then hire an agent to find a buyer for the house, you sell the house for a loss, and with the bank’s blessing, they agree to eat the loss (although they could still demand the homeowner make some kind of payment or share the loss).

More info in article on

Call the Mary Neilson Team for more information on a short sale. (239) 243-5989