Law Against Short Sale Deficiancy Expanded
Govenor Signs SB 458 Into Law July 15, 2011 LOS ANGELES (July 15) The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans. Under Continue Reading