Explore the 1,000’s of tax questions answered by professionals.

Back to list

QUESTION DETAIL

Related User

Votes

I owe $256,000 on a condo that is worth $185,000. I can pay it off in 15 years, but should I? Or should I go through with a short sale?


ANSWER


The BIDaWIZ Team's Answer:

Having a short sale on your credit report can be damaging to your personal credit. It is best to pay off the mortgage over time or to wait until the property appreciates.

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.

COMPANY INFORMATION




We do not offer or provide any investment advice or services or opinion regarding the nature, potential, value, suitability or profitability of any particular security, portfolio of securities, transaction or investment strategy.

Copyright © 2024 BIDaWIZ, Inc. Privacy Policy | Terms & Conditions