How to Avoid Foreclosure in Southern California

While the housing market is rebounding, many people in Southern California] are still struggling to make their mortgage payments.

If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.

Thankfully, there are a number of things that you can do to avoid foreclosure in Southern California. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.

So lets dive in on a couple quick tips on possibly how to avoid foreclosure in Southern California with your home.

The Keys of How To Avoid Foreclosure in Southern California Don’t Abandon Ship

Many people simply give up and walk away from their home. There are even areas of Southern California have begun to resemble ghost towns, as the economy has impacted residents significantly.

Detroit is a prime example of what can happen when people abandon their homes.

This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.

While it’s extremely stressful, you do have options:

Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Southern California are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.

Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.

We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Southern California are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.

We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you.

Give us a call anytime at 949-533-7166 or
fill out the form on this website today! >>

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

We are Hiring Real Estate Agents in Southern California. Get information here: Pellego Agent

Are you looking to sell your home or know someone who is?

I am a full time Agent as well and offer the below services. My commission structure will NOT be beat. I will feature your property on my website: Joe Homs Realtor. I will ALWAYS create; a single property website like this;105 Ovation, Irvine; Everyone likes it when someone brags about their home so I will; Blog about it on my; Real Estate Blog and; Promote it on my; Facebook Business Page. If that is not enough then I will also; Post it on Linkedin to my; Activity Feed and; Tweet about your property on my; Twitter Feed… And oh BTW… I’m going to create a Video; and post it on my; YouTube Channel, then share that with all my other Social Media Channels

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

Find me on: BiggerPockets here:­ Joe on Bigger Pockets

My Schedule­https://calendly.com/…­ if you would like a “one on one” appointment with me.

­https://www.joehoms.co…­ (my Website)

Investors looking to flip click here: Flipper’s Click Here

Sellers looking to sell click hereSelling Click Here

P.S. Do You Need To SELL YOUR HOME Quickly? We buy houses in ANY CONDITION! We pay CASH and you will not pay any commissions, agents, or fees. Save thousands in junk fees and work with a bona-fide buyer directly!

Get Cash Offer in 48 Hours! Click the link below ===>
­https://www.fliphomeso…­

If your home is listed on the MLS or you have a listing agreement with a Realtor this email is NOT intended on any solicitation of your listing.
DRE# 00702131

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

Get a Cash Offer NOW

We buy houses in ANY CONDITION in Southern California. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (714) 451-6458
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *