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Financial Decisions on Short Sales
Read all 6 responses: "I'm about to do a short sale on my home and have heard ... be as bad on your credit record as a foreclosure, they are a big negative. ...ANSWERS
See all- We also did a short sale on our home and our understanding from our mortgage company was that it does include the short sales as well..Our mortgage company was going ...
- Julie, It is for both, but your income may be a factor. Check with an accountant about your income.
- Hi Julie, The debt forgiveness act applies to the short sale and forclosure. Do a quick search on google and you can find all of the requirements to qualify, not t...