short sale Tag

Several months ago, the California Department of Real Estate issued a publication regarding Short Sale Fraud.  Due to the increase in Short Sales in the market today, instances of fraud are continuing to grow.  Typically, fraud occurs when there is an intentional failure to disclose...

Senate Bill 931, providing California Short Sale Deficiency Protection, will go into effect on January 1, 2011.  This new law states that existing lenders of record who have approved and agreed upon a short sale will not be able to obtain a deficiency judgment against...