California: Senate Bill 458 Extends Deficiency Language to Second Mortgage; Jennifer Klein discusses the new Senate Bill 458 and how it relates to your short sale. *Please consult with your tax person and real estate attorney for your specific inquiries regarding tax or legal related questions or needs*
Posts Tagged ‘Deficiency Judgement’
Posted in 
Tags: 
Why agents may get sued for short sales…
September 26th, 2010 
admin A short sale by definition is the bank accepting less than what the seller owes. It’s not traditional and definitely an ever changing science. Just as in any situation there are people taking advantage of distressed homeowners, which in turn effects banking institutions. Let me site an example to help understand where problems might lie [...]
