Are You or Someone You Know in Financial Distress?

Foreclosure is the legal process for your mortgage lender to sell a property to satisfy a defaulting borrower's dept secured by the property. Foreclosure can take quite a toll on homeowners both financially and emotionally. Depending on your circumstances, foreclosure may force you and your family out of your home, damage your credit, increase your tax liability, and expose you to other personal liability.

Avoid Foreclosure At All Costs

Facing the prospect of foreclosure can be overwhelming. Do you know your options? Homeowners with distressed loans often ignore the alternatives until it is too late. Consider your options immediately. The more time you have before you ultimately lose your home through foreclosre the more viable your options may be. Knowledge is a key component to overcome the financial challenges you face. There are alternatives to foreclosure. First step is to see if you can qualify to modify or refinance your loan through the making homes affordable program. If that doesn't work you can consider a short sale or deed-in-lieu. Take a minute to view the video below presented by Making Home Affordable.

There are many things to consider regarding homeowner financial distress. There is a lot of useful information here at our website regarding options available. There is also a lot of useful information in the the Foreclosure Resource section of our website. We are hardworking, knowledgeable, and experienced REALTORS® and we'ver represented over 100 REO bank owned foreclosures in the past few years. We know the foreclosure process. We've also represented many buyers and sellers dealing with short sales. As such, we encourage you to contact us if you have any questions or concerns regarding your specific situation. If you feel you need to sell your home we hope we can earn your business. No one in our area does more to market homes for sale than us- no matter price or condition. Please contact us at 707-297-6580.

If You Decide To Sell...

No one in our area does more to market homes for sale in our area. Take a look at our marketing and compare what we do to other agents. More exposure can mean more buyers. More buyers can lead to more offers, higher prices, better deals, and faster closings.

 

Short Sale Anti-Deficiency Info:

Gov. Jerry Brown signed Senate Bill 458 (Corbett) into law. The new law protects homeowners pursuing short sales by barring first and secondary lien holders from going after sellers for money owed after the short sales close. Call us if you have any questions if you are thinking of a short sale. 707-853-4864

PLEASE NOTE:

The information herein is believed to be accurate and is intended to provide general answers to general questions. This information is not intended to be a substitute for individual legal or tax advice. Individuals experiencing financial distress specifically relating to home ownership should consult the advice of a tax accountant or a real estate attorney that has experience with these issues.