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Do anti-deficiency laws apply to timeshare foreclosures?

Generally those laws apply to the primary residence only.


Does California anti-deficiency law apply to unimproved land?

Anti-deficiency laws generally apply to the primary residence.


What are some phrases with the word primary in them?

primary colors primary election primary source of income primary residence or primary place of residence primary function primary caregiver


Can I deduct depreciation on my primary residence?

No, you cannot deduct depreciation on your primary residence for tax purposes.


Can you use your condo your primary residence for a equity line of credit?

If you live there, of course. If you do not live there, then it is not you 'primary residence'.


Do anti deficiency laws pertain to refinanced first mortgages?

According to the Anti Deficiency laws, anti deficiency laws applies to the refinanced first mortgage as long as the property is used as a primary residence of the purchaser.


Do property taxes go up on your primary residence if you buy a 2nd home?

They are independent properties and there should be no effect on taxes on the primary residence as long as it continues to meet the requirements for a primary residence.


Can you keep a vacation home in bankruptcy?

Many states have passed laws that protect the primary residence only. You need to consult with an attorney who specializes in bankruptcy.


Can a house with a second home mortgage become a primary residence?

Yes. The designation as primary residence is irrelevant to the number of mortgages.


Can I use a 1031 exchange for my primary residence?

No, a 1031 exchange can only be used for investment or business properties, not for a primary residence.


Is your primary residence considered an asset?

Yes, your primary residence is considered an asset as it holds value and can be used to generate wealth or financial security.


Can I use a 1031 exchange to buy my primary residence?

No, a 1031 exchange cannot be used to buy a primary residence. It is specifically for investment or business properties.