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Basic Short Sale Q&A

admin | June 2, 2009

What is a Short Sale?
Why would a mortgage lender agree to a Short Sale?
What are the requirements to begin the short sale process?
Will I be responsible to pay taxes on the amount forgiven?
What if I don’t want to sell? Should I try a loan modification?

Category: Short Sale & Foreclosures | 2 Comments »
Tags: Default, Loan Modification, mortgage, Mortgage Forgiveness, short sale

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