Question: Idaho laws? Balance at time of foreclosure 465K, opening and closing bid 247,500 sold back to lender. How many days to file deficiency judgment and 1099? Can the lender do both, send a 1099 and file deficiency judgment?
Answer: – Typically they will choose to either 1099 you or file a deficiency judgment. Not both.
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Hi Jared,
Thank you for the well written and very informative Short Sale Secrets Of the Wealthy. This book has really opened our eyes to the opportunities in Short Sales.
W. Chakua, MN
RIMS Inc.
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