Comments for Orange County Homes and Lifestyle http://markgundlach.com Orange County Homes and Lifestyle Sat, 30 Jul 2011 07:14:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on BREAKING NEWS! California Senate Bill 458 – No Deficiency After Short Sale by Ramon Del Rosario http://markgundlach.com/california-senate-bill-458-no-deficiency-after-short-sale/#comment-11 Ramon Del Rosario Sat, 30 Jul 2011 07:14:40 +0000 http://markgundlach.virtualresults.net/?p=127#comment-11 This is really great news for all former homeowners who underwent a short sale. Leaving your home is a devastating experience especially for the children. I need help if this law is applicable to me situation. I short sale my house which I had a line of equity at Bank of America. I owe almost $50K. On the short sale documents more than $9K was paid to BOA. After the short sale in June 2010 the bank still pursued me to pay the balance. At this time the bank turnover it to a collection agency and this agency persistently made calls almost everyday. Please advise if I am covered by this bill. This is really great news for all former homeowners who underwent a short sale. Leaving your home is a devastating experience especially for the children.

I need help if this law is applicable to me situation. I short sale my house which I had a line of equity at Bank of America. I owe almost $50K. On the short sale documents more than $9K was paid to BOA. After the short sale in June 2010 the bank still pursued me to pay the balance. At this time the bank turnover it to a collection agency and this agency persistently made calls almost everyday.

Please advise if I am covered by this bill.

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