My seller is doing a short sale in California on an original purchase loan. There is a first with BofA and a second that is a HELOC (80-10-10 loan) that was with BofA but they sent it to RealTime Resolutions during the short sale process.

BofA sent us an approval letter without the deficiency judgement verbage, which was great except there was another error. They corrected the error but the new letter has deficiency judgement verbage. The seller is asking an attorney for advice but he is being vague.

Ironically, the BofA closing agent said the seller does qualify for a non-deficiency letter, but the closing agent is unable to process it.

If the seller signs this new letter, does she really give away all her rights of non-deficiency OR in California lenders are not able to pursue it even if the seller signs the letter??

Thank you.