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I just received approval from Chase and it doesn't contain ANY verbiage about a deficiency judgement. I called the negotiator to ask if they could put in that "the deficiency judgement is waived" and he said that their attorneys would not do it, however, the negotiator has been a hard case all along. Initially, my sellers agreed to paying back $10,000 over 10 years. But when we received the approval letter, that was not in there. IF THE $10,000 PAYBACK WAS IN THE APPROVAL LETTER, AND MY CLIENT AGREED TO PAY IT, THEN CAN CHASE COLLECT THAT MONEY ANDGO AFTER A DEFICIENCY JUDGEMENT???
Thanks!
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