answersLogoWhite

0


Best Answer

California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.


You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.

User Avatar

Wiki User

โˆ™ 2009-11-30 00:05:51
This answer is:
User Avatar
Study guides

Mortgages

20 cards

When buying a house can you get a larger house loan so you can pay off some of your credit cards and car

How long do you have to wait in Canada before purchasing a house after bankruptcy

What is a mortgage lien

Is home owners insurance required

โžก๏ธ
See all cards
4.5
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
2 Reviews

Add your answer:

Earn +20 pts
Q: Is California a non recourse debt state?
Write your answer...
Submit
Still have questions?
magnify glass
imp
People also asked