Short sale guides

Simple answers for homeowners. No jargon.

A short sale lets you sell your home for less than you owe, with your lender's OK. Here is how it works in plain words.

A foreclosure notice is scary, but you still have choices. Here is what to do in the first 24 hours.

The paperwork lenders ask for in a short sale, and how to get it right the first time.

Underwater means you owe more than the home is worth. Here is how to find out where you stand.

Forgiven mortgage debt can have tax effects. Here are the questions to bring to a tax professional.