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Loren
Loren, Attorney
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Is California a non deficiency judgement state regarding short

Resolved Question:

Is California a non deficiency judgement state regarding short sales?
Submitted: 5 years ago.
Category: Legal
Expert:  Loren replied 5 years ago.
If the lender consents to a short sale and releases the note and mortgage, then there is no further action the lender can take against you. No deficiency judgment is possible.
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