California Short Sale Law| Print | California Short Sale Law   Short Sales are influenced by California Case law, California anti-deficiency Statutes, California Association of Realtor contract forms, California contract law, (approval letters, escrow instructions, negotiated releases) loan servicer (think lenders)  duties to their investors, third party rules promulgated by agencies like fannie mae and freddie mac […]

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Short Sale Negotiations and Transaction Management Have your Realtor Work for you Not Your Lender Short Sale Transaction Management Plus Make Sure Your Realtor Works for You and Not Your Lender A properly executed short sale may minimize damage to your credit, minimize tax exposure and release you from a deficiency. We will now provide […]

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California Short Sale Transactions – Orange County Short Sales, Riverside County short sales, Temecula short sales   Short Sale marketing programs designed to bring in offers; even in this difficult market. Don’t rely on rising market marketing concepts and Realtors. Ask your Realtor how long they have been licensed. Then ask them how many short […]

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Calfornia Code of Civil Procedure 580e, C.C.P. 580e California’s Short Sale Law Breaking news on CA short sale law. Emphasis added.580e. (a) (1) No deficiency shall be owed or collected, and no deficiency judgment shall be requested or rendered for any deficiency upon a note secured solely by a deed of trust or mortgage for a dwelling of not […]

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CA Short Sale Myths Short Sale Myths we hear from California Sellers looking for a Short Sale Realtor 1.  If you hear a Realtor tell you, you can’t do a deed in lieu or any other workout besides a short sale when you have two loans find a new advisor.  Having two loans can make […]

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Here is a link to the Bank of America Third Party Authorization form.     AUTHORIZATION FORM (Working with a third party) Account No.: ______________________ I hereby authorize Bank of America, N.A. to discuss my request for payment assistance with the individual(s) that I have identified below as my designated agent(s) (hereinafter the “Designated Agent”). […]

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