What would happen if I walk away from my home that I can no longer

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news wrote an interesting post today onWhat would happen if I walk away from my home that I can no longer <b>…</b>
Here’s a quick excerpt

most folk in this situation can’t pay the shortfall so the mortgage company will write it off as a loss [eventually] and will send you a notice that they’ve reported the amount to the IRS as income to you. …

Read the rest of this great post here: What would happen if I walk away from my home that I can no longer <b>…</b>

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