Re: No, but try for a short sale
Posted by NJD on October 20, 2008 at 12:16:45:
In Reply to: Should I foreclose because of taxes?
Posted by Joan Meyer on October 20, 2008 at 10:07:25:
A short sale will allow you to sell, payoff the taxes and cover costs of sale. You must make a formal application with your lender. It will take months, and you won't see a nickel. Your credit may get dinged, but this is certainly a better option than foreclosure.
www.spoch.org
Follow Ups:
- Re: No, but try for a short sale - Joan Meyer 10:00:43 10/21/08
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- Re: No, but try for a short sale - NJD 10:34:02 10/21/08
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