DISCUSSING DEFICIENCY JUDGMENT WAIVER WITH LENDER
By Bill Travis, Broker/Owner
(Captain Bill Realty, LLC)
Drew Sygit (The Lending Edge) Real Estate Financing Expert, recently published Part 4 of his excellent series, "Short Sale Legal Issues Affecting Real Estate Agents" Drew has written a lot of great information in his posts and I enjoy reading them. In this Part 4 post there are several points that may warrant further discussion. Therefore, I'll put them out one at a time and comment on them.. He mentions that some of the common activities that occur during a short sale transaction may leave the agent vulnerable to a lawsuit, without being aware. In this post I'll discuss point number 12 12. Discussing the waiver of deficiency judgments with a lender. Definitely a legal issue that agents are not licensed for. DISCUSSION: I believe this falls into the category of negotiating ...
Comments
0