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June 17, 2011

Jeff caught me Ball #10.......Awesome show!!!

 

Jun 17, 2011 10:07:27 PM
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Short Sale Update: Beware of Lenders Trying to Change Non Recourse Loans into Recourse Loans in Short Sale Verbiage Short Sale Sellers and their Agents BEWARE: We have seen some investors recently attempting to change the terms of a loan within the short sale approval letter, specifically changing a non-recourse loan into a recourse loan. The drill goes like...
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LAW AGAINST SHORT SALE DEFICIENCIES EXPANDED LAW AGAINST SHORT SALE DEFICIENCIES EXPANDED In a major victory for REALTORS®, Governor Brown signed into law today a C.A.R.-sponsored bill, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender...

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