165 views
- 11 Answers
- 10 Listings
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Experience:
Realtor for RE/MAX Homeward Bound
September 1998—present
Over 11 years as a licensed agent.
Over 11 years as a licensed agent.
Specialties:
Listing specialist
Bank repos, short sales and HUD sales. ... show more
Bank repos, short sales and HUD sales. ... show more
Certifications
& Awards:
& Awards:
CERTIFIED DISTRESSED PROPERTY EXPERT
Certified Residential Specialist ... show more
Certified Residential Specialist ... show more
Interests:
Life member of AMVETS Post 47
Patriot Guard Rider ... show more
Patriot Guard Rider ... show more
About:
About The Mike Schrull Team
Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional team ... show more
Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional team ... show more
Mike Schrull answered:
Thanks for the question.
The answer all depends on the type of loan, who holds the loan and if you or your agent was able to negotiate with the loss mitigation department. In some successful short sales it is possible to convince the lender to give up the right to pursuit a deficiency judgement against the homeowner. With my short sale clients I work with the lender to try to have the deficency removed. If you have any other questions don't hesitate to call, email or go direct to my web site assistwithshortsale.com or avoidforeclosure-loraincounty.com
Thanks again and have a nice holiday.
The answer all depends on the type of loan, who holds the loan and if you or your agent was able to negotiate with the loss mitigation department. In some successful short sales it is possible to convince the lender to give up the right to pursuit a deficiency judgement against the homeowner. With my short sale clients I work with the lender to try to have the deficency removed. If you have any other questions don't hesitate to call, email or go direct to my web site assistwithshortsale.com or avoidforeclosure-loraincounty.com
Thanks again and have a nice holiday.
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