Tuesday, November 10, 2009

Tax & Financial Consequences of a Short Sale - Video Blog

What are the Tax and Financial Consequences of a Short Sale? Geoff of the OC Short Sale Guys discusses this subject and answers familiar questions from homeowners such as "Do I get a 1099 from the bank?" or "Will the bank come after me for the difference?" and "Would I get a deficiency judgment?"




We are NOT Attorneys or CPAS and DO NOT provide legal or tax advice. We always recommend that our clients consult professional advisors for these matters.

In the video we do refer to the IRS website which discusses the Mortgage Forgiveness Debt Relief Act.

Gabe & Geoff

http://www.ocshortsaleguys.com/