From the seller's point of view: So these guys want to buy for 650k, later, same as selling for $700 k now.

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Your agreement with the Mortgagee allowing the Short Sale should, for your benefit, include waiver of seeking a deficiency judgement.

Originally posted by K.

Hey K - I think your point is applicable most everywhere.When I order pre's (prelims) title is vested in name of deceased owner without reference to estate, heirs, etc. unless I have provided information concerning an active probate.So, unless I ask my escrow officer to order title on Jane Doe, admin of the estate of John Doe ( or provide copy of Letters, Order or similar) title does not pick up any court action on front end and leaves vesting in name of last insured grantee.However if I DO give them a hint that its a probate, they will vest as the Heirs, beneficiaries, distributees, etc. or something similar and note exceptions accordingly.

Very good questions you pose @Nick K.

Thanks @Bryan K.

@Rob K Values in southern CA appear to be rising slowly now, but if they ever get to where they were 8 years ago, it doesn't look like it will be very soon.nmn

Mehran K.

Whadda J-O-K-E.