My fiance and I’s house foreclosed back in April. It went up for auction that month, but of course, it didn’t sell. I know that now it is considered a Bank Repo. I know this because a friend of ours does foreclosure clean up for a the local banks and he just got done cleaning out our home last weekend so the Bank can attempt to sell it. So my question is, what will the bank we sending me that goes with my 2008 taxes when I file next year and when? Will we get something before we have to file for our 2008 taxes or does it get put on hold until the house sells? We are fully aware of all the tax specifics and have no questions about that, but I’m not sure what they are suppose to actually send us. Is it a 1099 or something like that? Should I be contacting the bank? They have our forwarding address, but we haven’t gotten anything since the notice that it went up for auction.
Any advice is appreciated. Thanks so much!
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