Special offer

Good news for California Short Sellers

By
Real Estate Agent with Intero Real Estate Services, San Jose, Silicon Valley 01505493

 

 

On July 15th, California Governor Jerry Brown enacted a new bill for short sellers. Junior lenders now must also agree to waive deficencies if they approve a short sale-a huge move in a positive direction to get those homes off the market, and encourage underwater homeowners with validated hardships.

Need someone to assist you, or have any questions about your options? Me and my team
will be happy to help you. Contact me at (408) 591-7778.

Posted by

Lisa Wiseman

Comments(8)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thanks for passing on this important information for short sellers.

Jul 18, 2011 06:48 PM
Patrick Harvey
West USA Realty - Scottsdale, AZ
We make it right for you!

That's very good news for Californians!

 

Arizona short sales

Jul 18, 2011 06:48 PM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Lisa,  we have been waiting a long time for this decision.  thanks for sharing.

Jul 18, 2011 06:51 PM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

That is indeed good news for CA home sellers! Congrats!

Jul 18, 2011 06:54 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is well over due to have the seconds agree to a short sale with no added penalty.

Jul 18, 2011 07:00 PM
Lisa Wiseman
Intero Real Estate Services, San Jose, Silicon Valley - San Jose, CA

It is, everyone! Hopefully other states will follow suit...

Jul 18, 2011 07:00 PM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Evening Lisa

Thanks for the post. Have a great day

Jul 18, 2011 07:12 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

This is not just good news it is great news for the consumers that have to participate in a short sale.

Jul 18, 2011 07:13 PM