All is Fair Game

Ten Keys To Successful Tax Assessment Appeals
September 25th, 2008 9:36 AM
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Posted by Greg Shelley Phd on September 25th, 2008 9:36 AMPost a Comment

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If you can get your mortgage cmopany to do a non recourse short sale, then you will not owe the difference between the sale price and the mortgage balance. However if the short sale is a recourse short sale, then you will owe the difference. I believe that it will be about 2-3 years before you would be able to buy another home. You should check with lenders in your area because in some localities it is a shorter waiting time and in others it is longer.
Posted by Berenice on May 25th, 2012 2:36 AM
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