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Re: re deed in lieu

Posted by Mike on January 08, 2007 at 11:51:51:

In Reply to: re deed in lieu posted by agnes on January 05, 2007 at 18:18:22:

Hi Agnes, no..I did not do a short sale yet because I heard you have to pay taxes to the IRS for the forgive debt. Also, it's very hard to sell right now as there are so many houses for sale out there in the market. Am I right?

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