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In Florida are sellers of a home responsible for deficiency judgments?
Wiki User
∙ 14y ago
If the sellers sold the home for as much as they owed on the loan, there is no possibility for a deficiency judgment, since there is no deficiency.
If the sale was through a short sale where the bank took less than it was owed but allowed the homeowners to sell and walk away, the bank would have to sue for the deficiency judgment.
Wiki User
∙ 14y ago
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