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加州短賣新法(Short Sale)可保障賣主不需负责未来支付(粤語)

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Uploaded by on Jan 17, 2011

加州短賣新法(Short Sale)可保障賣主不需负责未来支付
Sellers Not Liable to First Lienholders After a Short Sale
A new law, SB 931 which goes into effect January 1, 2011, provides that lenders who approve a short sale on a residential 1-4 unit property where they are the primary lienholder have no right to pursue the borrower/seller for any deficiency or loss as a result of consenting to and accepting the short payoff.

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