Surprise Real Estate By Mike Horton

This blog contains information obtained from more than 2 years of working with short sale homes and bank owned or REO homes. Working with short sales has become a more complicated process as the lenders have become specific in their own requirements to approve the transaction. Find out more to insure your home or your agent is looking at the process and complications of selling or buying one of these homes

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• Can your lien holder get a judgement after a short sale?

  Anti deficiency ARS 33-814 provides protection to the borrowers in some cases against a deficiency judgement when their property has gone through a foreclosure. In many cases, it appears the lenders are recognizing the limitations this statute puts on Read More... Posted Friday, September 11, 2009 8:58 PM by Mike Horton | 0 Comments Filed under: distressed properties, sellers, lien, short sale, foreclosure, deficiency, buyers