Can I be sued by my lender?
Can I be sued by my lender?
State statues in Arizona are ambiguous and have not been tested in court. Although deficiency liabilities, which could result in lawsuits, happen in some cases. We recommend all our clients consult with a Real Estate Attorney. We can send you a few choices, just let us know. Attorneys can be informed and develop strategies around this prior to starting the Short Sale process. As with tax liabilities, financial deficiency/liabilities come with exclusions as well. A good Real Estate Attorney will identify if they apply to you and if they are beneficial to pursue.
Tags: FAQ, Short Sale


Sun, May 9, 2010
FAQs