Depending on the outcome of the short sale there have been various answers to this question. Majority credit is affected, some bring cash to the table, others do a promissory note, while many look for the bank to defer the difference in which many home owners still find themselves paying taxes on a partial mortgage on a home they no longer own. The truth is effective June 30th 2010 the guidelines have once again change. Click for more!
Washington, DC Real Estate Services
Damon The Agent specializes in selling homes in Washington, DC, Maryland, and Virginia. Short Sales, Foreclosures, New Homes, Regular Sales. 240-694-6460
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