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Deficiency Rules???

Posted by frankCA on December 10, 2003 at 8:14 PM

Hi Ward
Thanks for your thoughtful December, 03 article, "CA Foreclosure Deficiency Rules."
You make me think how it fits the millions of us in CA who have paid off our original purchase money home loans with the funds from a refinanced (lower interest rate) loan. Is this refi loan also protected from a deficiency judgment by the Purchase Money Rule?
P.S. Is that one of your grandchildren in the Merry Christmas banner picture?


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