Any Arvada Agents out there listening? I am out here in San Diego and a gentleman was transferred here for his job and is upside down on his home in Arvada. One loan and is worried about deficiency and pursuit by the bank. I would like to help him find a home here, so he may just decide to rent the house out, but if the market doesn't improve, he may not be able to hold onto that house in Arvada since the rent will probably not cover the payments.
Here in CA, we have laws protecting the short sellers against deficiency pursuit on the primary residence. I am on track to do 20 short sales this year here in Southern California and no deficiencies. Anyone have success negotiating away deficiency pursuit on short sales in Arvada?
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Hi John. Who is the 1st with and what type of loan is it? Our team is based out of Littleton and has a short sale success rate of 95%. We'd love to help if your seller is still in need. Thanks!