Josh Talayka | 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?
Josh Talayka | June 2, 2009
In February 2008, the Short Sales Work Group (established by NAR) met to put together a report which addressed Realtor’s concerns about Short Sales. The work group submitted its report in May 2008.
Josh Talayka | June 1, 2009
When the first lender carries out a foreclosure sale, the second mortgage lender may be able to take the following steps: Deficiency Judgment, civil judgment, bid for the property, charge-off
