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Updated about 14 years ago on . Most recent reply

User Stats

1,029
Posts
380
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Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
380
Votes |
1,029
Posts

Non-Owner Occupied SS

Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
Posted

So here's the situation:

1) Non-owner occupied.
2) 1st and 2nd TD.
3) Not delinquent on payments.

My questions:

1) Is a SS possible w/o being delinquent?
2) Property is in CA- is a deficiency judgment possible on either the 1st or 2nd TD?

I can't get a definitive answer to either of those Q's but I figured the BP community could help me out. Anybody out there know the answers?

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