My goal is to search out and provide you with as much information about different issues you may encounter when choosing between Short Sale, Foreclosure and Bankruptcy. I found this video and wanted to share it with you. “One of the big downfalls of foreclosure is what comes after the foreclosure – the taxes that can accrue… If the lender takes the home through foreclosure or even through a short sale. If the lender does not sell that house for as much as the loan is worth, then the consumer the home owner can be liable for taxes on the amount unearned income from that sale…” “when facing foreclosure, never walk away…” Before Foreclosure or Short Sale – find out your options. You should know your potential tax liability before making a decision. Jeff Cameron The Cameron Team Short Sale Experts in Phoenix Scottsdale real estate market

Jamie