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2 Main Factors Why Lenders Pursue Promissory Notes

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Uploaded by on Oct 22, 2009

This weeks Preforeclosure "Tip of the Week" is about the 2 main factors that drive today's short sale lenders into pursuing promissory notes,what foreclosing lender is still pursuing promissory notes in non-recourse states and much more..Bob Lachance

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  • we are doing short sale in florida and bank wants us to sign $60.000 promissory note, we live in california and we do have home we are living in and equidy is about $300.000 and we have rental property witch is negative about $45.000, question is if we do not sighn the note, can they come after our assats .please advise ASAP .Many Thanks in advance

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