You are the dumb fuck - Deborah is spot on. I choose to remain anonymous, however, I have worked with Deborah for many years at Keller Williams and she is a fantastic short sale agent. When you do a short sale the bank forgives the difference between what the home sells for and what you owe on your mortgage. You will be issued a 1099 and could have to pay taxes on the difference, but I have yet to see this happen. Aside from that, the liability disappears. Educate yourself b4 you talk. moron.
You are the dumb fuck - Deborah is spot on. I choose to remain anonymous, however, I have worked with Deborah for many years at Keller Williams and she is a fantastic short sale agent. When you do a short sale the bank forgives the difference between what the home sells for and what you owe on your mortgage. You will be issued a 1099 and could have to pay taxes on the difference, but I have yet to see this happen. Aside from that, the liability disappears. Educate yourself b4 you talk. moron.
hockbb61 8 months ago