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Posted by Jerry - Ca. on May 10, 2008 at 09:57:43:
In Reply to: Re: relocating for less posted by Jerry - Ca. on May 08, 2008 at 15:02:46:
Gerri:
Yes ... a Short sale or foreclosure will definitely affect your credit negatively! Also, Virginia does allow for deficiency judgments ... so yes it is possible as well as IRS tax consequences!
Jerry-Ca.