Short Sale Laws 2011

Feb. 5, 2011

Do I have to accept a Promisory Note in my Short Sale?

Do I have to accept a Promisory Note in my Short Sale?

Ladera Ranch, CA – In this business you do sometimes encounter very stubborn lenders who are adamant about collecting on what they believe to be “rightfully theirs”

These lenders are usually the ones that homeowner got their original loan ...

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Feb. 2, 2011

What if my Short Sale is Rejected?

What if my Short Sale is Rejected?

What Damages can a Homeowner Sue for if a Short Sale is Wrongly Rejected?

Laguna Niguel, CA- We have already discussed my advice to a homeowner dealing with the rejection of  a perfectly good short sale offer and facing imminent foreclosure.

I had ...

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Feb. 2, 2011

Stop Nasty Debt Collector Calls for Good

Stop Those Nasty Debt Collector Calls for Good

Ladera Ranch, CA – If you are in the middle of a financial  crisis paying off your unsecured debt – ie your credit cards – should be a far lower priority than paying on the secured debt on your home or for the basics you ...

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Feb. 1, 2011

When should I consider a Short Sale?

When Should I consider a Short Sale?

My Home Isn't Selling, I Might be Upside Down, So Why Hasn't My Real Estate Agent Mentioned a Short Sale?

This was the question I recently received from Jennifer, a frustrated homeowner whose property has been on the market for months ...

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Jan. 15, 2011

Short Sale Laws Changes for 2011

Short Sale Laws Changes for 2011

Laguna Niguel, CA- Short sale homeowners have always run the risk that the lender could sue them later for what is known as a deficiency judgment – the difference between what the lender is paid as part of the short sale and the amount that ...

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