The real estate brokers at Portfolio Aspen Properties discuss the implications of Congress not extending the Mortgage Forgiveness Debt Relief Act of 2007 by the looming December 31, 2013 deadline, which will mean homeowners that short sell or grant a deed-in-lieu-of-foreclosure may also end up with a substantial tax liability. Typically, when a homeowner short […]
View MoreAfter a modest start to 2013, the real estate market in the Aspen area is beginning to gain some traction. Thus far, price per square foot is up 5% year over year and inventory is down by 9%. We expect to see more closings in September and through the end of the year as more […]
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