Re: Short Sale
Posted by TheShortSalePro on September 02, 2004 at 17:15:10:
In Reply to: Want Out!!! posted by Philip Garcia on September 02, 2004 at 10:28:23:
Sell (mortgagee approved preforeclosure short sale) for market value... the pay income tax on the amount of forgiven debt. Ouch... but not OUCH!
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