Wish me Luck!!! But first a question about Short Sales

By
Real Estate Agent with RON NEFF REAL LIVING

I am getting ready to list my first short sale.  I have wrote on short sales before but I have never listed one.  I know that I have a lot to learn and that jumping right in and getting my feet wet is probably the only way that I will learn.   I did a lot of research and took classes offered by local attorneys on short sales to try and educated myself.  But that was over a year ago.  I have heard that some things have changed.  Such as, the seller (current homeowner) is no longer issued a unsecured promissory note?  However, they will still be 1099 at the end of the year?  Is this true?

I am going to co-list this listing with an experienced short sale agent to try to learn more and make this a smooth transaction as possible :)

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