Mark & Kristin Stampini

Additional judgment that the bank can make against a homeowner

Tax liability in a Short Sale or a Foreclosure

Is a legal judgment that is awarded in court

No liability acquisition debt of a personal residence

Available to a bank in 100% of foreclosure cases

Also no liability on funds borrowed to improved the basis of a property

Can be negotiated in some short sales

Liability exists on all second homes and investment property

Liability exists on after purchase financing above original amount financed