You may not have to pay a Short Sale Deficiency
As a general rule, a mortgage lender is prohibited from pursuing a short sale deficiency or deficiency judgment resulting from a short sale on residential 1-to-4 unit properties. Where applicable, a mortgage lender involved in a short sale is prohibited from engaging in any of the following acts: Collecting a deficiency Having a borrower owe
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Short Sale, A Step-by-Step Process
Northern Santa Barbara County and Northern San Luis Obispo County have not overcome the Short Sale market quite yet. The number of closed short sales is increasing in both San Luis Obispo and Santa Barbara Counties. As a local title company, our closing ratio for Short Sales is steadily climbing. What is a Short Sale: A
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