Short seller concerns – 1099c, credit score, renting with damaged credit
One of the major concerns that a short seller of a home (someone forced to sell their real estate for less than the mortgage owed on it) is the effect it will have upon their credit according to Portland real estate agent and short sale expert Dennis Gorton.
Video Rating: 4 / 5
Categories: Home for Sale Videos Tags: 1099c, concerns, credit, damaged, Renting, Score, seller, Short
1099-C, short sales and debt forgiveness
Marty Macisso talks 1099-C, short sales and cancelations
Video Rating: 5 / 5
Categories: Home for Sale Videos Tags: 1099c, Debt, Forgiveness, Sales, Short
77 – 1099c Tax Liability for short sale and foreclosure
If you allow your house to go to foreclosure or chose to sell via a short sale will there be any taxes you need to pay? Kevin Hardin of Thomson Conant Law Office in Phoenix answers that question for us.
Video Rating: 5 / 5
Categories: Home for Sale Videos Tags: 1099c, foreclosure, Liability, Sale, Short