Foreclosure Vs. Short Sale: Avoid Owing Tens Of Thousands Of Dollars In Taxes
By reinvestor on July 15, 2015
If you are behind on your mortgage and worried about foreclosure, chances are you may have heard that a short sale can help you avoid foreclosure. But depending on your personal circumstances, you may find that a foreclosure is a “better” choice than a short sale. A “short sale” means that a mortgage lender has agreed to allow a borrower to sell their home for less than the amount needed to pay off the mortgage.
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