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Short Sale

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Mikemom
Established Member

Re: Short Sale

I think the leins are income taxes
Message 11 of 13
StartingOver10
Moderator Emerita

Re: Short Sale


@Mikemom wrote:
I think the leins are income taxes

The IRS is very cooperative with removing the liens from the property in a short sale. Of course, the judgment remains against the seller, but the title gets cleared.

Message 12 of 13
Booner72
Senior Contributor

Re: Short Sale

The sellers and the agents are crazy if they think they can ask less and then take the 'extra' money for themselves.  it also sounds like they are lowering the price to get people hooked  (happened to me).

 

I'd hire myself an agent who knows what the heck is going on and see what they say about this situation if I really loved the house. 

STARTING: 11/24/10 EQ-584 EXP-648 TU04-595
CLOSED FIRST HOME 8/19/11 EQ-630 EXP-691 TU04-653
CURRENT: EQ-701 EXP-??? TU08-720
Message 13 of 13
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