Loan Modification Forum - LoanSafe.org - View Single Post - US Bank/Countrywide Short Sale Success!!!

bachbaron · 06-02-2008, 01:46 PM

Which one is better for the seller in the attempt to do a short sale?

I am confused on what a 1099 actually contains. Is it just the tax on the difference between the settled amount and the amount originally due?

06-02-2008, 01:46 PM	#6 (permalink)
bachbaron Member Join Date: Jun 2008 Location: Houston Posts: 22 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Promissory Note vs. 1099 Which one is better for the seller in the attempt to do a short sale? I am confused on what a 1099 actually contains. Is it just the tax on the difference between the settled amount and the amount originally due?