Homeowners or condo associations may be insolvent, and a danger to buyers.[...]
Archive for the ‘Real Estate’ Category
§ in Real Estate
Mortgage Foreclosures, Short Sales and 1099s
Short sales, mortgage modifications, and foreclosures all carry with them a definite possibility that the borrower will incur both unexpected tax consequences as well as other ill effects. To understand the overall impact requires a balancing of a number of different aspects of law.[...]