Comments on: Deficiency balances in short sale cases http://lawsongroupmediation.com/deficiency-balances-in-short-sale-cases/ Short sale articles for real estate agents and investors Fri, 03 Feb 2012 21:51:07 +0000 hourly 1 http://wordpress.org/?v=3.1 By: KenLawsonJD http://lawsongroupmediation.com/deficiency-balances-in-short-sale-cases/comment-page-1/#comment-28 KenLawsonJD Wed, 16 Sep 2009 22:18:27 +0000 http://lawsongroupmediation.com/?p=218#comment-28 Benjamin, first thank you for your kind comment. Each state has their own laws for limitations of actions. They may be different for torts, contract, or contracts involving real property. You would have to research the law for your state or contact a local attorney. Best wishes, Ken Benjamin, first thank you for your kind comment. Each state has their own laws for limitations of actions. They may be different for torts, contract, or contracts involving real property. You would have to research the law for your state or contact a local attorney.

Best wishes,

Ken

]]> By: Benjamin http://lawsongroupmediation.com/deficiency-balances-in-short-sale-cases/comment-page-1/#comment-26 Benjamin Sun, 13 Sep 2009 21:33:37 +0000 http://lawsongroupmediation.com/?p=218#comment-26 Ken, This is a great article. I am constantly asked this question from those who are contemplating a short sale. It seems the secondary market investors are treating these accounts like large collection accounts. Picking and choosing their battles on who they think they can get to pay. Are the statute of limitations the same for a mortgage deficiency as they are for a "standard" collection account? Thanks for your time, Benjamin Ken,

This is a great article. I am constantly asked this question from those who are contemplating a short sale. It seems the secondary market investors are treating these accounts like large collection accounts. Picking and choosing their battles on who they think they can get to pay.

Are the statute of limitations the same for a mortgage deficiency as they are for a “standard” collection account?

Thanks for your time,

Benjamin

]]>