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Topic: HELP! Expert in short sales question (Read 1615 times)
ryanpal
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Posts: 667
Re: HELP! Expert in short sales question
«
Reply #15 on:
September 30, 2011, 07:35:07 PM »
The mortgage debt forgiveness relief act can help homeowners with the tax issue, however, there are too many assumptions made here and without full details I wouldn't suggest the original poster is covered under. For example if the homeowner refinanced they would only be covered up to the original mortgage amount. Saying "not to worry" is making assumptions.
I strongly suggest the original poster obtains legal advice before moving forward and not taking the advice on this forum as gospel.
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