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Ken Koenen's Blog – July 2011 Archive (1)

New California Anti-Deficiency Law in Short Sales

Last week, on July 11, 2011, California governor Jerry Brown signed into law a new law to combat deficiency judgments by holders of non-purchase money junior mortgages (second or third mortgages) when the lender has accepted funds during a short sale transaction. This law protects homeowners who refinanced a loan after the original purchase loans. This was Senate Bill 458, and amends the language to the California Code of Civil Procedure §580e.



Previously, a junior mortgage holder of… Continue

Added by Ken Koenen on July 18, 2011 at 1:51pm — No Comments

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Join us at Realty411’s Thrive in 2026 in Southern California!

Network with sophisticated investors from across the country in beautiful Southern California. Join us for Realty411's "Real Estate Summit - Thrive in 2026!"

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How Energy Price Swings Affect Housing and Small Business Stability

We are now seeing some bizarre, contradictory, and negative economic and housing data trends that we’ve either never seen before or have rarely happened in the past.

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How to Buy a Short-Term Rental in Michigan and Save on Your W-2 or Active Income Taxes

Why Michigan is a solid market, how to work within the current rules, how your income taxes can be reduced, how to evaluate properties for profitability, how to buy a property well, and how to manage it well for success.

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Webinar: Learn About the IRA Advantage

Join us as Mark Robbins, J.D., CEO of Lending Resources Group, Inc., shares important insight on this webinar session entitled "LEARN ABOUT THE IRA ADVANTAGE."

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Register for Our Virtual Investing Summit Featuring Quality Education and ResourcesInvestors, be sure to register for Our NEW Virtual Investing Summit this Friday and Saturday.  Realty411 will virtually unite some of the most knowledgeable and savvy…Continue

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