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Foreclosure Vs. Short Sale: Avoid Owing Tens Of Thousands Of Dollars In Taxes
By reinvestor on July 15, 2015
![](https://www.reinvestor.com/wp-content/uploads/2015/07/wpid-curata__nxCcrtTEtyeM8hP-300x251.jpeg)
If you are behind on your mortgage and worried about foreclosure, chances are you may have heard that a short sale can help you avoid foreclosure. But depending on your personal circumstances, you may find that a foreclosure is a “better” choice than a short sale. A “short sale” means that a mortgage lender has agreed to allow a borrower to sell their home for less than the amount needed to pay off the mortgage.
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