{"id":4821,"date":"2022-10-26T15:38:13","date_gmt":"2022-10-26T15:38:13","guid":{"rendered":"https:\/\/cloud03.titletapsites.com\/testblog\/?p=4821"},"modified":"2022-10-26T15:38:13","modified_gmt":"2022-10-26T15:38:13","slug":"short-sale-deficiency-waiver","status":"publish","type":"post","link":"https:\/\/cloud03.titletapsites.com\/rocketmatter-c\/short-sale-deficiency-waiver\/","title":{"rendered":"Short Sale Deficiency Waiver"},"content":{"rendered":"<p>The Consumer Financial Protection Bureau, a U.S. government agency, <a href=\"https:\/\/www.consumerfinance.gov\/ask-cfpb\/what-is-a-short-sale-en-290\" target=\"_blank\" rel=\"noopener\">warns consumers<\/a> that there are states in which homeowners are responsible for the difference between the value of your property and the amount you still owed on the mortgage loan. This amount, which could be tens of thousands of dollars, is called a deficiency.<\/p>\n<p>Without a proper waiver of deficiency, the lender may have a right to demand the balance and may sue the homeowner to collect in full, plus penalties and legal expenses. It is important to request and receive properly signed documents that waive all future obligations on the loan.<\/p>\n<p><strong><a href=\".\/real-estate-attorney\/\">Browse more real estate law articles<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Consumer Financial Protection Bureau, a U.S. government agency, warns consumers that there are states in which homeowners are responsible for the difference between the value of your property and the amount you still owed on the mortgage loan. This amount, which could be tens of thousands of dollars, is called a deficiency. Without a&hellip;<\/p>\n","protected":false},"author":11,"featured_media":4912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[42],"tags":[47,43,44,48],"class_list":["post-4821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-law-old","tag-for-sale-by-owner","tag-real-estate-attorney","tag-real-estate-law","tag-short-sale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Short Sale Deficiency Waiver - The Law Firm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud03.titletapsites.com\/rocketmatter-c\/short-sale-deficiency-waiver\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Short Sale Deficiency Waiver - The Law Firm\" \/>\n<meta property=\"og:description\" content=\"The Consumer Financial Protection Bureau, a U.S. government agency, warns consumers that there are states in which homeowners are responsible for the difference between the value of your property and the amount you still owed on the mortgage loan. 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