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Short Sale 1099??

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    Short Sale 1099??

    Is this true?

    Since Mr. Bush signed a Housing Bill to Provide Mortgage Relief.

    People would not have to pay a 1099 if they were to Short Sale?

    President Bush today signed the massive housing bill intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets. The measure, signed...


    From my understanding the banks will still 1099 you and try to make you pay, but you do-not sign it since this Mortgage Relief Act is active?

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