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Will seller get a 1099 after a Short sale?


In California, if home loans (first and second) are 400K and buyer has offered 300K for short sale. Will seller get a 1099 for difference? If so, wouldn't it be better to let property be foreclosed on? Seller would not be looking to buy another home in future.

 

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sadaaf says

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7 years ago
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dabeaner says

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7 years ago
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