Short Sale Sacramento – No More Deficiency Judgments After Short Sales!
All short sale sellers in California can now be certain! With the passage of SB 458, if a lender agrees to a short sale, they will consider the loan paid in full and the seller will not be held liable for any additional payments. This includes all junior loans as well as 1st loans.
Short sale sellers in Sacramento will now have closure and confidence after a short sale. Sellers will be able to recover from a short sale more quickly, fix their credit, and buy a new, more affordable home.
The state government does not want to see homeowners go into foreclosure if it can be avoided. Banks have shortened their approval times and are encouraging homeowners to try a short sale instead of walking away and foreclosing.
Short sales in Sacramento are unlike traditional short sales because of their strict time-lines, paperwork, and direct negotiations with the bank. It’s important to work with a Sacramento short sale agent who has a lot of experience closing short sales. See if you qualify for a short sale in Sacramento.
Short Sale Sacramento – No More Deficiency Judgments After Short Sales!
Posted by Allan Sanchez – Short Sale Agent Sacramento – www.AllansHomes.com
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