Bank-owned Properties • Buyer Topics • Fannie Mae • Foreclosures • Freddie Mac • Pre-Foreclosures • REOs • Seller Topics • Short Sales • Stats •
May 1, 2012
New Guidelines regarding Distressed Sales
http://apps.leg.wa.gov/billinfo/summary.aspx?bill=2614
Limiting deficiency judgments pertaining to residual debts following short sales of owner-occupied residential property secured by deeds of trust.
Revised for 1st Substitute: Limiting deficiency judgments pertaining to residual debts following short sales of owner-occupied residential property secured by deeds of trust. (REVISED FOR PASSED LEGISLATURE: Assisting homeowners in crisis by providing alternatives, remedies, and assistance. )