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Monday, October 26, 2009

When you short sale a house can the bank sue you for the loan?

one years later



When you short sale a house can the bank sue you for the loan?

In the absence of any specific agreement to NOT pursue a judgment for the deficiency, the lender can certainly pursue litigation for the deficiency. You DO owe the money, don't you ?



When you short sale a house can the bank sue you for the loan?

Please show us your contract with the bank first so that one can advise you accordingly.

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