Real Estate Update in Palo Alto & Los Altos

Real Estate Update in Palo Alto & Los Altos

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Entries from November 2008

Short Sale vs. Foreclosure

November 22nd, 2008 · No Comments

Q. I am in default on 12 jointly-owned properties that I am trying to liquidate as part of a divorce. All of my properties are currently worth less than the mortgage balances, due to the tough real estate market. I am aware that I will likely be taxed for the amount of the mortgage I [...]

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Tags: Home Mortgage