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Recent Posts in Short Sale Category

Study: Homeowners try to "work" the loan mod system..YA THINK?

Firm commentary: The article below discusses an academic study that verifies common sense: That people will change their behavior and manipulate the system to get a loan modification. This is not ...
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New CA law eliminates second mortgage liability after short sale, but not foreclosure...but read the fine print

Firm commentary: Effective July 15, 2011....Jerry Brown signed a new law that prevents junior lien holders from pursuing deficiency judgments from homeowners if the lender agrees to a short sale. This ...
Continue reading "New CA law eliminates second mortgage liability after short sale, but not foreclosure...but read the fine print" »