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At the end of the 2009-10 legislative session, California Senate Bill 931 has brought the end of short sale deficiency judgments for first loans.
Click the link below to read detail of SB 931
http://www.aroundthecapitol.com/billtrack/text.html?bvid=20090SB93194CHP
GREAT NEWS FOR SHORT SALE HOMESELLERS
Effective , April 5, 2010, the government’s Home Affordable Foreclosure Alternative (HAFA) program is intended to provide a viable option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP).
SB 401
POTENTIAL TAX RELIEF FOR SHORT SALE HOMESELLERSGov. Schwarzenegger Signs Legislation to Provide Greater Assistance to California Homeowners
BANK OWNED PROPERTIES
AND STANDARD LISTINGS
SHORT SALES
PROVIDING EXCELLENT SERVICE FOR SHORT SALES , Bank REO's , Listings AND Sales FOR Yucaipa, Beaumont, AND THE EAST VALLEY
What is a Standard Sale/Seller?
A standard sale is where the seller is not in distress. The seller is able to make the payment.
This seller does not owe more than the property is worth. We respect that you have endured the decline in market values and have been conservative. If you list with us , you have a greater opportunity to sell your home. It is a GREAT time to list your home. Bank owned inventory is down dramatically. Many buyers don't want to wait for a reply to a short sale offer. As a private, standard seller , you are in control and are able to reply to an offer quickly. BUYERS REALLY LIKE THAT!!
We have many buyers. Often we experiance a MULTIPLE OFFER SITUATION.
Serving OUR great clients for over 30 years in Yucaipa, Redlands, Calimesa, Beaumont, Banning and the East Valley Are you planning to list your home, condo or investment property?. If you are looking for information about market conditons or values? You will find everything you need. Contact us today. Thank you.