The information contained in this website is intended to be used for informational purposes only and to provide a general overview of the topics described herein. There may be tax and other legal consequences associated with a short sale. NJ Home Relief makes no representations or warranties concerning potential tax or legal consequences relating to any final disposition of any property. Homeowners are advised to consult with a tax professional regarding the potential tax consequences for their particular situation. NJ Home Relief is providing a service in response to a complex situation and offers a recommended solution where possible. Nothing is represented as tax advice to our clients as every situation may result in different tax consequences. NJ Home Relief is not a law firm or an accounting firm and regarding any specific questions relative to any transaction, NJ Home Relief strongly encourages all parties, agents, and brokers involved in a transaction to seek such advice from a professional advisor.
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