Posted on January 24th, 2012, by LAURA KEY
This is not news, but it IS critical for any Seller thinking about listing their home as a Short Sale in California in 2012. Remember the MOST critical thing..the Debt Forgiveness Act expires on 12/31/2012. Will it be extended? Most likely. However..do you want to take that chance? Read on for a recap of our [...]
Tags: 360 REALTY, 580e, Agents, anti deficiency, anti-deficiency law, FANNIE MAE, foreclosure, FREDDIE MAC, homeowner, HOW TO SHORT SALE, Short Sale Q&A, short sale questions, Short Sales, Tax Aspects Of A Short Sale
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Posted on November 16th, 2009, by Stephan Sabbah
A rising number of Californians are finding themselves in financial limbo, having defaulted on their mortgages but still living in their homes, a new report has found. The report by Foreclosureradar.com (registration required) found that while the number of properties scheduled for foreclosure sale increased last month, lenders continue to postpone the sales rather than [...]
Tags: 360 REALTY, anti deficiency, BUYER RESOURCES, Countrywide Short Sale Approval, facing foreclosure, foreclosure, Foreclosure options, Late on mortgage payments, los angeles real estate, mortgage difficulties, Need to sell, Short Sale Q&A, solutions to foreclosure
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Posted on January 28th, 2009, by Stephan Sabbah
CALIFORNIA ANTI DEFICIENCY STATUTE California Code of Civil Procedure Section 580 b “No deficiency judgment shall lie in any event after a sale of real property or an estate for years therein for failure of the purchaser to complete his or her contract for sale, or under a deed of trust or mortgage given to [...]
Tags: 360 REALTY, anti deficiency, California Code of Civil Procedure Section 580 b, countrywide short sales, foreclosure, los angeles real estate, los angeles short sales
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