Southern California Home Info
How Can I Make it Go Away?
Having problems making your house payment can be very stressful when you cannot come up with the money or are out of work.
The amount of people going through what you are going through is huge.
Doing nothing is not the answer. Yet 70% of all people sit and wait for someone to either help them or kick them out of their home. Doing nothing at that point, has caused their credit to plummet, and have an eviction on their record. This is not a good way to "Start over."
Starting over is what will happen sooner or later and if you better prepare for it while you are in the middle of the problem is sure better than trying to play catch up for years to come.
Scenario one - Short Sale
Sell your home just like a regular sale with the caveat of asking the lender to accept less than what is owed.
Sell house in short sale and fully understand what is happening, and when it will happen.
You will know when you have to move, and you will have minimized the losses on your home, and tax implications.
You may have some negative credit for around 2 years. You will keep the security clearance or the chance of getting one.
You will better be able to find a new home to live. You may be able to purchase a new home in as little as 18-24 months.
Easier to find a job when background checks are done.
Scenario two - Do nothing
Do nothing. Have posters put all over your doors or windows, notices of Foreclosure, notice of eviction etc. Have the house foreclosed upon. Embarrass your family. Bring down the standard of living in the community. Get evicted. Have bad credit for 7 years. More than likely not be able to buy a home again without putting a large down payment down. Pay more for anything and everything you buy on credit as it will cost you more for 7 years due to the high interest rates. Loose security clearance. Harder to find work as credit is looked at, as a back ground check is more prominent now that computers have easy access. Difficult to move or find a new place to live for years to come.
I am not a debt collector. I am here to help you out of the situation by short selling your property before it forecloses. Time is a huge factor. Don't wait. Call me for a free no obligation consultation.
CALIFORNIA DEPARTMENT OF REAL ESTATE LICENSE 01312992
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