The health and vitality of American’s economy depends upon people wanting to buy and own homes. The Mortgage Interest Tax Deduction is valuable to the economy and has been important for U.S.Home Buyers and owners since 1913. Any reduction or elimination of the Mortgage Interest Tax Deduction would negatively impact the housing market. President Obama’s fiscal commission recently made proposals to manage the federal budget by either reducing or eliminating tax deductions, including the Mortgage Interest Tax Deduction. This is misguided and strongly opposed by the California Association of Realtors and the National Associaton of Realtors. Our government MUST retain the Mortgage Interest Tax Deduction. It is essential for our economy and to stabilize property values.
The Mortgage Interest Tax Deduction
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About the Author: teammarquis
Cheryl Marquis has been an active and successful real estate agent in South Orange County, California for more than 29 years where she has assisted clients in finding, aggressively negotiating, and settling in to their dream homes and communities. Cheryl is a firm believer that an unwavering dedication to your passions is the key to success-it is this very philosophy that forms the basis of her strategy as a real estate professional. As a TOP PRODUCER in her company, Cheryl has received the specific accreditation of a Certified Relocation Specialist (CRS) and Accredited Buyers Agent (ABR) and is a member of the Who’s Who of Luxury Real Estate, a select network of the world’s leading luxury home agents. Additionally, Cheryl is a member of C.A.R. (California Association of Realtors), N.A.R. (National Association of Realtors) and O.C.A.R. (Orange County Association of Realtors). Cheryl received her Bachelor of Arts in Communications from San Diego State University. Go Aztecs!
