Lastest Short Sale News

Short Sales Becoming Less Favorable For Lenders
The company now applies a calculation to take into account the true loan balance secured by a home at the time of the sale, and additionally separating out of the short sale classification properties that sell at a public foreclosure auction short of …
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California Offers Tax Relief On Short Sales Of Homes
The IRS recently announced it will not tax people who short sell their homes at the full market rate of the property. The State Board of Equalization says California is following suit, which, the agency says, should be welcome relief to struggling …
Read more on KPBS

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