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Not necessarily, particularly if you know the secret to getting it waived BEFORE the sale. Homeowners are very concerned about the strong possibility of a deficiency judgment or promissory note being imposed upon them after the sale of their home. They have good reason to be concerned, because Lenders are ramping up their pursuit of a Deficiency Judgment on debtors or borrowers who defaulted on their home loans, often times long after the short sale or foreclosure is complete. They Do Not care about the debtor’s/borrower’s current or future financial circumstances are, or will be. They are in the business to make money and that’s what they want….. More of your Money! Ever wonder why nearly 98% of defaulted homeowners have been denied a loan modification and subsequently have or will lose their home to foreclosure or forced into selling their home via a short sale and being subjected to a deficiency judgment. There is a very simple answer to that. Lenders will make more money after they approve and complete the sale of your home through a short sale or foreclosure and then either keep it themselves or sell off that bad debt to a third party collection company who will likely pursue a deficiency judgment against you. Unfortunately, most defaulted homeowners don’t know that there is a legal weapon, that does not involve bankruptcy, that they can use as leverage against their Lender(s) during the negotiations of their short sale to force their Lender(s) to waive their rights to a deficiency judgment or promissory note. Without it, they don’t stand a chance! If you are currently having a representative negotiate with the Lender(s) on your behalf and you allow the short sale negotiations to continue without the benefits of this Legal Weapon, then you will be left to the mercy of your Lender(s). You already know first-hand how Merci-Less they are if you have attempted a loan modification and were subjected to the multitude of reported abusive lender practices that most homeowners in default have experienced. Just imagine what will happen after they approve and complete your short sale and several years later, you are suddenly Slapped with a Deficiency Judgment. What will you do then? File Bankruptcy? (NOT always the Best option.) It is ALWAYS better to be pro-active rather than to be re-active. Unfortunately, without this essential tool and the leverage that it will provide, you will be like sitting ducks on a pond waiting to get picked off, or in this case, waiting to get sued for a deficiency judgment after your home is sold through short sale or foreclosure. To Get Your Hands on this Secret Legal Weapon , download this FREE REPORT: How to Avoid a Deficiency Judgment:What Most People, Especially Lenders, Won’t Tell You! from this link http://force-your-lender-to-cooperate.info/avoiddeficiency Use Special Code: 1IBM9
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Deficiency Judgement, Short sales, foreclosure, Mortgage, Real Estate,
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