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

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

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Deanna Decka…, Agent, Vacaville, CA
Thu Sep 6, 2012
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
Merrill Jenc…, Agent, Chandler, AZ
Wed Sep 5, 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
Search Advice
Search
Ask our community a question

Email me when…

Learn more