If you are behind on your mortgage DO NOT DO A SHORT SALE.
There are so many more steps you can take before a short sale should be considered. If you need someone to guide you through this process then you have found me.
You didn't think that I would leave you hanging? Usually when you have fallen behind on your mortgage payment at least 2 months, it is then usually posted at the Courthouse and then short sale people start telling you to work with them on a short sale. One thing they don't tell you is if you owe $100,000.00 on your home and you sell it for $75,000.00 you then owe the I.R.S. taxes the $25,000.00. More details to come........
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