FAQ’s

Does This Hurt My Credit?

This Question is asked very frequently and involves a number of unique variables.  The first thing to keep in mind is that the moment you are 30+ days behind on your mortgage payment, your bank has the right to report

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Why Would A Bank Say Yes?

With foreclosures on the rise in the US, banks are looking for any way they can to minimize their foreclosure losses.  Basically, it is much more cost effective for a bank to agree to a short sale rather than foreclose

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What About Taxes?

There may be tax ramifications to a Short Sale but every situation is unique. You may have heard, “Don’t do a short sale because you will get a 1099 and have to pay taxes on the difference between what you

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