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Frequently Asked Questions About Short Sales
What Are The Advantages Of a Short Sale Vs. Letting My Home Go To Foreclosure?
Short Sale Update: Beware of Lenders Trying to Change Non-Recourse Loans into Recourse Loans In Short Sale Approval Verbiage
What Is A Short Sale?
How will I know if I qualify for a Short Sale?
How will a Short Sale affect my credit?
Will I have to pay federal taxes on the money my lender loses in the Short Sale?
Will I have to pay CA state taxes on the money my lender loses in the Short Sale?
Can my lender go after me for the money it loses in the Short Sale?
What if I have a !st and a 2nd loan on my property with two different lenders (or the same lender)?
What is the difference between a recourse and a non recourse loan ?
How will I know that I am being released from the debt?
What are the advantages of a short sale vs. letting my home go to foreclosure?
Are there any advantages to letting my home go to foreclosure vs. doing a short sale?
How much will a Short Sale Cost me?
How long will a Short Sale take?
Do I need to be behind in my payments to do a Short Sale?
Do I need to hire an attorney to do a Short Sale ?
I found an attorney's Short Sale website that talks about a new law in California that as of July 1 2009, supposedly limits negotiating Short Sales to attorneys ONLY. It says that from July 1 on, all Short Sales have to be negotiated by attorneys and not realtors. Is this true?
Should I file Bankruptcy? Will it allow me to keep my home? I've heard the lender cannot foreclose if I file bankruptcy?
Can any agent do a Short Sale?
Why should I use the Henderson Team?
