Legal Question in Real Estate Law in California

sold a house in hawaii on short sale. now live in california. can the lender come after me for the second on the house


Asked on 12/06/11, 2:50 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

The answer would depend upon Hawaii law, and you might want to re-ask your question as a Hawaii matter, but under California law the answer would be yes, the lender can come after you for the balance due on the second, which has become an unsecured (personal) loan now that the collateral is gone through no fault of the lender.

Read more
Answered on 12/06/11, 3:41 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in California