winchester: California Passes New Law on Short Sales
- 07/27/11 07:11 AM
What great news for California homeowners that need to sell their homes! Under a new state law, any lender who agrees to a short sale must accept the approved short sale price as payment in full for ALL loan balances. This includes taking care of any junior lienholders, who often hold out for exorbitant fees and ruin short sales for homeowners trying to do the right thing and sell short instead of walking away. For short sale assistance and to help understand your options give me a call at 951-837-5782 in Riverside County or 619-200-8284 in San Diego County. You can (2 comments)