do you have to pay anything additional after a short sale?

Asked by Laurine Williams, Yonkers, NY Tue Nov 30, 2010

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3
Christopher…, Agent, Tarrytown, NY
Wed Dec 1, 2010
Hi, It will depend on the bank holding the lien and what you are able to negotiate with them. I would speak to your lender, the more you are in communication the better.

Sincerely

Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
Legends Realty Group
914.406.9023
0 votes
Anna M Brocco, Agent, Williston Park, NY
Tue Nov 30, 2010
Consider asking your attorney the question--much will depend on the negotiations--he/she can best advise.
0 votes
Anthony Crec…, Agent, Thornwood, NY
Tue Nov 30, 2010
it depends on how you negotiate. you can ask for a release from a deficiency judgement. also you get the benefit of the mortgage forgiveness debt relief act of 2007
0 votes
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