Tag Archives: Tax Issues

Short Sale – Taxes and Their Implications

Short sale is a financial transaction done in a situation where a borrower faces financial hardships and falls behind on  mortgage payments. In simple words it is a debt negotiation process in which the borrower gets relief from paying the … Continue reading

Posted in Short Sale | Tagged , , | Leave a comment

Short Sale vs. Foreclosure

If we compare a short sale vs. foreclosure, we will find a few differences between the two in terms of affecting the borrower. For the purpose of this article, let’s ignore differences in the process and look only at how … Continue reading

Posted in Foreclosure, Short Sale | Tagged , , , , , | Leave a comment

Short Sale Part 5: Drawbacks

This is part 5 in our week long series on short sales. Yesterday: Short Sale Candidates | Today: Short Sale Drawbacks We’ve been talking all week about short sales and hopefully it’s helped you become more educated on the subject … Continue reading

Posted in Short Sale | Tagged , , , , | Leave a comment

Short Sale Part 3: Don’t Walk Away

This is part 3 in our week long series on short sales. Today’s entry focuses less on short sales and more on an option that some turn to as an alternative. Yesterday: Tax Implications | Today: Don’t Walk Away | … Continue reading

Posted in Short Sale | Tagged , , , | Leave a comment