brittany w asked:


Our home went into foreclosure due to a divorce. Since neither of us were able to afford the house and it didn’t sell…what happens with the taxes? Am I going to owe anything? Is it based on tax brackets?

Kansieo.com
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Comments

2 Responses to “What happens with the taxes during a foreclosure?”

  1. sunshine on June 16th, 2011 9:55 am

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    If the home sells for less then the balance of the mortgage you and ex are liable to continue paying that off.

  2. Rex on June 18th, 2011 9:25 am

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    hello
    i too faced the similar problem of the foreclosure
    then my friend suggested to contact the loan modification attorney and i did so now am relaxed
    they helped me a lot in facing the fraudulent companies
    i will suggest to contact such attorneys
    i recommend this source because they helped me in mortgage problems
    i hope my answer will be of some use to you
    all the best!