The Home Equity Theft Reporter: Doc Stamp Calculation On Florida Short Sales To Be Based On Price Paid By Buyer, Not Seller’s Higher Mortgage Balance

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The Home Equity Theft Reporter: Doc Stamp Calculation On Florida Short Sales To Be Based On Price Paid By Buyer, Not Seller’s Higher Mortgage Balance

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. you owe on the mortgage, and it accepts the sale price as a mortgage payoff.. But if you have equity in your home, a short sale is not an option.. value of $250,000, and your mortgage has a remaining balance of $150,000.. because they can't sell the house for enough money to pay off the mortgage.

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The Home Equity Theft Reporter: Doc Stamp Calculation On Florida Short Sales To Be Based On Price Paid By Buyer, Not Seller’s Higher Mortgage Balance Limitation on deduction for home mortgage interest. You may be able to deduct mortgage interest only on the first $750,000 ($375,000 if married filing separately) of indebtedness.

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