What is Foreclosure Fraud?
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- June 25, 2026
Short sales add an additional layer of documentation, particularly to prove hardship. Sellers, be aware of the tax implications of a short sale. In most cases, the IRS treats canceled debt as income. If your lender forgives the $100,000 balance that you owed on your mortgage, the Internal Revenue Service will tax that $100,000 as income. Either way, it seems like a good time to call your accountant. A short sale means buying or selling a home for less than the balance owed on the mortgage. To do this, the seller has to convince the mortgage lender to forgive or cancel the unpaid debt. A seller would do this if they are very behind on mortgage payments, in order to avoid foreclosure. How long does the short sale process take? Short sale transactions are complex and can take months to get approved. Even if the buyer and seller agree on a fair market price, the lender can deny the request.
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Knowing the mind is a spiritual and inner journey of self-discovery, not a quest for external or material knowledge. It takes us inward to understand who and what we are. The mind, conscious or subconscious, functions in duality in the relativity of hot/ cold, happiness/sadness, plus/minus, divine/devil, for it chooses one of the two for its desirous need. However, in the spiritual realm, easement the superconscious, we operate spontaneously in choiceless non-dual thoughts; we can observe and witness our thoughts. It is that section in which the witness as aware energy resides, making the mind conscious and alive to all it perceives. The mind is perpetual, reckless and haphazard multitasking, functioning by exercising its power of choice amidst dualities. Like pleasure and pain or happiness and sadness are dualities, illusory imaginations in which our soul gets trapped. Because if one aspect is present at any given time, the other, like a shadow, is bound to follow.