short sales: Sherman Oaks Short Sale Deficiency Judgements - What Now? - 04/11/12 04:38 AM
Sherman Oaks, CA Day after rain Clear skies, smiles and sunshine 70 degrees In the case of considering a short sale, many Sherman Oaks homeowners consider the likelihood of a deficiency judgment.  Why won't that bank come after them for the money they've lost? In the recent past, it was highly unlikely, in fact there was a law passed under our last president that prevented that very thing from happening.  That ship has sailed... the grace is expired.  Banks can and do reserve the right to go after a borrower for a judgement for their monies lost... Thinking about buying a … (0 comments)

short sales: Hollywood Short Sales: A Short Sale Lender's mindset on deficiency judgments - 08/14/10 07:53 AM
Hollywood CA - This is a continuation of a theme about how the lender's view short sales. Are you trying to avoid a deficiency judgment? If so, then you need to be careful about how you present yourself to your lender.  

Discover how other sellers successfully did a short sale and request a free consultation by clicking here.

A lender will usually be ok with letting a broke borrower walk away without a deficiency judgment. But, if they think you have lots of money sitting around, they are going to want some of it. They feel … (3 comments)

Vince McEveety (Gilleran Griffin Realty)

Vince McEveety

Sherman Oaks, CA

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Gilleran Griffin Realty

Address: 10866 Wilshire Blvd. Suite 400, Los Angeles, CA, 90024

Mobile: (310) 272-4935

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An overview of the real estate market conditions and neighborhoods in and around Sherman Oaks, Los Angeles.



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