Here are links to some good discussion about Senate Bill 458 from the California Association of Realtors (C.A.R.). This is NOT intended to be legal advice! As always, we recommend you speak with an attorney or CPA about your individual situation. It does explain the new bill that provides homeowners protection from deficiency judgements when they sell their home through a short sale.

Click Here to Read the C.A.R. Press Release.

Click Here to Read an Informative Fact Sheet About the New Bill From the C.A.R.