California’s Anti Deficiency Law For Short Sales Will Stop Banks From Recourse
[caption id="attachment_3829" align="aligncenter" width="300" caption="California's Newest Short Sale Anti Deficiency Law Goes Into Effect Jan 1, 2011"][/caption] Sacramento Short Sale Specialist and Certified Short Sale Negotiator Forth Hoyt reports on California's new short sale anti deficiency law for short sellers, and how it will change short sale recourse in California. How will it change Recource on California Short Sales? SB 931, recently enacted legislation governing “short sales,” goes into effect Jan 1, 2011, The Legislation applies to any note secured by a first deed of trust or first mortgage for a dwelling of not more than four units. SB931 protects Homeowners as well as Investors, as it is not...
California Foreclosure Timelines And California Short Sale Timelines
[caption id="attachment_3434" align="aligncenter" width="300" caption="Foreclosure And Short Sale Time Lines"][/caption] Stressed Sacramento Homeowners Looking for Options Ask; What Is The Actual California Foreclosure Processing Time? Sacramento Short Sale Specialist Forth Hoyt Reports: Sacramento Short Sale Information and Short Sale Training For Sacramento Area Homeowners. Understanding Short Sales Means Understanding Foreclosure Time Lines In California. What is the time to foreclose in California? Foreclosure– how do you mean that? Most of the time, Foreclosure means one of a couple of things; one is a process, as in “my Brother is in foreclosure”, or second, it can be an actual event: “that 4600 square foot home went for $243,000 at the foreclosure sale the other day…” You see, foreclosure as a process means...
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