California Anti-Deficiency – SB 1178

California Anti-Deficiency – SB 1178

California’s legislature recently passed SB 1178 which is the bill to extend anti-deficiency protection to homeowners who have refinanced. SB 1178 will ensure that homeowners keep the same “anti-deficiency” protections they have in the original loan after the loan has been refinanced.

Now California Realtors have the opportunity to use our collective voice.

If you have not yet acted on the C.A.R.RED ALERT asking California Realtors to contact Governor Schwarzenegger and urge the Governor to sign SB 1178 … consider taking a few moments to do so. Thank You!

Certified San Jose Short Sale Specialist

Certified HAFA Specialist

Copyright © 2010, All Rights Reserved by Kathleen Daniels, Certified Distressed Property Expert, Certified HAFA Specialist, RDCPro *California Anti-Deficiency – SB 1178*