Sentences with phrase «waiver on their deficiency»

Now, with the extension through 2013, anyone closing a short sale this year will still be able to take advantage of the tax waiver on their deficiency.

Not exact matches

The hour long webinar includes information on obtaining deficiency waivers for underwater homeowners and BoA's «cooperative» short sale program, modeled after the Treasury Department's HAFA program, that provides for a pre-approved sales price for homes.

Remember that all deficiency waivers come with one exception - if they believe you committed fraud, they can rescind on the deficiency waiver.