Top Short Sale Benefits in California State Laws

By
Real Estate Broker/Owner with Realty Works Temecula BRE No: 01233850

Homeowners in California can now take advantage of these short sale state laws!


California homeowners that find themselves having to do a short sale have some benefits not found in other states.

 

Calif state law does not allow the seller's bank/lender to ask the seller to contribute any funds toward the sale of the property. It's also state law that the bank or lender can not come back after the short sale is completed seeking any payment toward the deficiency from you the seller.

 

When the Temecula short sale is approved and closed it's over with no recourse.

Most California homeowners also do not have to worry about the IRS or state seeking tax dollars from them for the loss reported by the lenders in the form of a 1099c.

 

Know more about this and find our why you need me, your expert Temecula short sale agent, working with you. Visit my website at http://RealtyWrks.com

 

There are benefits allowed to you here in Temecula and Murrieta CA should you find the need to short sale your home to move on. Let's discuss this further at no cost to you. Call me, Sidney Kutchuk, at 951-215-6745 today.

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