Home Buying in 18370>Question Details

Scott W, Other/Just Looking in Bend, OR

Will the USDA give a 1099 or otherwise confirm the cancellation of debt on a short sale?

Asked by Scott W, Bend, OR Fri Mar 8, 2013

Someone told me the USDA won't cancel the remaining borrower's debt after a short sale. Of course, if they don't there could be issues for the seller.

Help the community by answering this question:

Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer