California Senate Bill 931, which became effective January 1, 2011, helps to relieve homeowners of a deficiency judgment on a 1st mortgage for a 1-4 unit residential dwelling. This is good news for homeowners who need to short sale their home but have put off the selling to avoid a deficiency judgment.
For more information, visit the California Association of Realtors website at http://www.car.org/
Showing posts with label deficiency judgment. Show all posts
Showing posts with label deficiency judgment. Show all posts
Tuesday, January 11, 2011
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