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CA Question

Posted by LORRAINE D on March 19, 2012 at 1:40pm in Short Sale Discussions

Have a seller whose income property is not producing income for the last 6 months. They cant handle to mortgage of this investment property and would like to Short Sale it. Can they fall or qualify for the

Mortgage Debt Forgiveness Act that is Expiring on December 31, 2012?

Can anyone help me with this response? Thank you- Lorraine

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