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SHORT SALE LENDERS
Posted on March 31, 2012 Leave a Comment
SHORT SALE LENDERS (SB 931; SB 458) Important New Law SB 931 became effective 1/01/2011 and required that a short sale lender waive any right to deficiency as a condition to approving a short sale transaction. This limitation did not apply to second, third and fourth lenders. This means that the short sale seller still […]
