Home Buying in 94585>Question Details

Patricia, Real Estate Pro in Fairfield, CA

if i short sale a house in 2012 can i short sale another house I own in 2013?

Asked by Patricia, Fairfield, CA Wed Sep 5, 2012

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Yes, you could start the process of short selling a second home but ultimately it will be up to your lender(s) to approve the short sale.
0 votes Thank Flag Link Thu Sep 6, 2012
Yes, you can short sale multiple homes, they don't even necessarily have to be in different years (although for tax purposes, you may want them to be, especially if they are not your primary residence). As always, I would advise you to consult with a tax professional regarding the possible tax ramifications of short selling your homes.
0 votes Thank Flag Link Wed Sep 5, 2012
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