Re: Short Sale Approval Letter Language
Posted by NJD on August 21, 2008 at 06:19:52:
In Reply to: Short Sale Approval Letter Language
Posted by Don on August 20, 2008 at 13:33:16:
The big question is whether or not the lender will forgive the remaining balance and issue an IRS form 1099C... or, try to enforce the note (your personal promise to repay the loan).
Before signing the agreement, you could call and ask the rep who prepared the document.
Follow Ups:
- Re: Short Sale Approval Letter Language - Don 11:09:47 08/21/08
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- Re: Short Sale Approval Letter Language - NJD 11:37:28 08/21/08
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- Re: Short Sale Approval Letter Language - steele in minnesota 16:02:14 08/22/08
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