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I NEED INFORMATION ON SHORT SALES FOR FOREING NATIONALS

By
Real Estate Agent with Coldwell Banker Residential, LLC

Hello, I want to have some advice regarding the Short Sales for foreign nationals.  How  will that affect their credit ?  Is the credit affected at their country? Are there Tax consequences?  What about their visas?  I think that this is an issue to learn and have the tools and advice ready to provide to our clients or customers.

Thank you.

Ralph & Susan Alvarez
REMAX Benchmark - Las Vegas, NV
Real Estate Agent Las Vegas NV
I think there could be Tax consequences if it is not thier priciple residence. I don't think it will effect thier visas. Maybe thier Master Card ..ha,ha  But it's going to have an imapct somewhere.
Apr 18, 2008 07:52 PM