Posted on: 15th Apr, 2013 12:45 am
Hello friends… I need to understand this… when is a Short Sale completed? Is it when you get the completed HUD statement or when you get the 1099?
Hi Guest,
Once the sale of the property is complete, the short sale will be considered as completed. As far as receiving 1099 forms are concerned, those forms are important for tax purpose.
Thanks,
Jerry
Once the sale of the property is complete, the short sale will be considered as completed. As far as receiving 1099 forms are concerned, those forms are important for tax purpose.
Thanks,
Jerry
Hi Guest!
Welcome to the forums!
I agree that once the sale is over, the Short Sale Process will be considered as completed. If you have any doubts regarding this, you can contact your lender and clarify the matter.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree that once the sale is over, the Short Sale Process will be considered as completed. If you have any doubts regarding this, you can contact your lender and clarify the matter.
Feel free to ask if you've further queries.
Sussane