www.SarasotaShortSaleBlog.com – Sarasota, Florida – Find out about the Deed in Lieu of Foreclosure. With a deed in lieu, many falsely believe that a deficiency judgment will be waived and that a lender will accept a deed in lieu instead of foreclosing on a property. This is not always the case, which is why Short Sale could be a better option if you are facing foreclosure.

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Explanation of two different rules that result in no taxes due after a short sale and debt forgiveness, even if the lender sends a 1099 to the IRS

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