ROBERT BRUSS: Mortgage short sale subject to taxes (Detroit Free Press)

  ROBERT BRUSS: Mortgage short sale subject to taxes (Detroit Free Press)

Dear Bob: Because of my husband’s job location change, we had to sell our house in Michigan. His emp…

Dear Bob: Because of my husband's job location change, we had to sell our house in Michigan. His employer offered no relocation benefits. After listing our home on the market for six months with no purchase offers, we were unable to keep up the mortgage payments and defaulted. The realty agent suggested a short sale for less than the mortgage balance.

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