Bill Patterson
Anything You Want Me To Tell NAR?
27 July 2010 | 23 replies
The seller benefits because our negotiator is looking out for them, getting the short sale approved with usually NO deficiency.
Jeff L.
Mortgage Called Due Upon LLC Transfer
17 August 2017 | 50 replies
You signed the note personally, any transfer of the property will note keep a lender from going after you personally in the event of default or deficiency, regardless of who else or where the collateral sits...2.
Ben Leybovich
Balloons and Creative Finance
14 March 2015 | 6 replies
The DIL also eliminates any deficiency judgment against a borrower, if accepted by a lender.
Clary Roberts
Basic Question 101 type re: buying directly from lender
24 November 2016 | 4 replies
If a property were sold below a payoff amount and the property wasn't offered to the public, the lender could not seek a deficiency judgment for other amounts due.Just wait till it is listed and go buy it, better off going to a foreclosure sale however.
Charles Stewart II
Letter To Exercise Real Estate Purchase Option
19 March 2017 | 2 replies
Assignee further agrees to hold Assignor harmless from any deficiency or defect in the legality or enforceability of the terms of said agreement.
Sean Larson
Shared Driveway Easement?
30 September 2016 | 12 replies
Failure to adequately follow recordation requirements could invalidate the instrument you used to create the easement.Additionally, you may become liable for tax deficiencies for the improved land.There are a number of liabilities from both injury and tax perspectives that you should become aware of, and contract with a local attorney to adequately protect your interests.Disclaimer: Not legal advice.
Leigh Ann Smith
Will wholesalers work deals with non-cash buyers?
13 March 2022 | 7 replies
So long as the property will appraise without deficiencies and you qualify you shouldn't have any issue as to what the seller does. :)
Jeff Rossman
Using Equity in my Primary Residence for First Investment??
14 June 2014 | 11 replies
Use the Heloc as a short term loan to help make up any deficiencies for your 20% down-payment.
Account Closed
Additional charges after moving out
28 August 2017 | 7 replies
Any errors, mistakes or deficiencies in the complaint are almost always permitted to be amended.I'll bet that within 60 days of filing suit, they'll contact you to give your money back in exchange for dropping your lawsuit.
Micah Smith
LLCs and lending on SFR properties
10 February 2023 | 7 replies
In states such as California, borrowers have anti-deficiency protection should the lender foreclose non-judicially and the lender is limited on their recovery to the property itself.