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Old 10-29-2008, 03:01 AM
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Join Date: Oct 2008
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Default How much worse is a foreclosure than a short
sale on your credit? We are in a position to approve a short sale on our house. we have to chose between a short sale and a foreclosure. What are the individual ramifications for each on our credit? If we take the short sale, are we going to be taxed on the difference in price between our purchase price and our selling price?
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