Southern California Home Info
Foreclosure Help
Getting Foreclosure Help is not as easy as it may appear.
Understanding what foreclosure is and how to stop foreclosure is where to start.
A foreclosure in California, is a process whereby the lender takes action to take back the property for which a loan has fallen into default. It is in your loan contract as an alternative if you fail to pay.
You can stop foreclosure by selling a home or paying up the amount due on your loan.
If you are upside down on your home, and you have a qualifying hardship ( medical, out of money, loss of job, divorce, etc ) you may qualify to short sell your home.
This is decided by the bank during a "short sale of a home" and is a long process in which all parties need a fair amount of patience and then some.
Time is running out and you need to act now to save yourself from more potential issues.
You need to be careful and avoid the scams and the scam artists.
When a Real Estate Broker Realtor Lists you home for sale, they do not get paid until the closing of the home, out of the proceeds of the home. This means for the most part, no out of pocket costs.
If your home is not upside down you can list your home for sale with a local licensed Real Estate Broker - Realtor.
If your home is upside down, owe more than it is worth, I suggest you go to the upside down page and review your options with a Real Estate Attorney and a CPA. There are future implications and knowing your options is a great start.
As a California Licensed Real Estate Broker, I can offer to list your home for sale as a "short sale" and in part, ask the lender to accept less than what is owed on the loan.
If you would like to sell or Short Sell your house Please email me at Harold@SouthernCaliforniaHome.info with
Please put "Sell My House" or "Short Sell my House" in the subject line.
CALIFORNIA DEPARTMENT OF REAL ESTATE LICENSE 01312992
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