Saturday, September 15, 2007

Which states have anti-deficiency statutes in place?

Which states have anti-deficiency statutes in place?

Can anyone tell me which states have anti-deficiency laws in place? These laws prevent lenders from suing homeowners for losses on a home after foreclosure.

The Answer : Alaska is limited, Arizona, California on residential only, North Dakota is limited, Oregon only as to nonjudicial only and Texas is limited. The rest can go after your first born.

No comments: