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Updated almost 3 years ago,
California mortgages and rentals
An associate of mine stated that a buyer has backed out of a closing of bulk lot purchase which was shovel ready. Their reason was there is a law about to be enforced in California. It protects HOs from foreclosure and tenants from eviction from nonpayment. This builder did not want to build SF homes due to this law. Can anyone confirm or is this a BAD rumor!