Are You Concerned About Losing Your Home? There are Several Alternatives for Getting Help.With our declining real estate market and high unemployment, record numbers of people are finding themselves in default on their mortgages. It may be due to monthly payments that have adjusted up as ARM's raise their rates, bad luck in the job market, health issues or combinations of all of these. At times, it can feel pretty hopeless. Yet all is not lost. There steps you take to help avoid losing your home to foreclosure and having a foreclosure reported on your credit. With the new HAMP and HAFA program that became effective April 5th 2010 you may be eligible for a streamlined short sale process and assistance with moving. Please use the links to the right to learn about different options that may be able to help you keep your home and learn about alternatives to foreclosure. If none of the options work for you, the trained agents of My Norcal Agent Team may be able to help you: - Get agreement from your lender to sell your house for less than you owe.
- Get agreement to forgive the difference between what you owe and what your house will sell for.
- Advise you to contact a tax person and an attorney to be sure you are well informed of your options and their consequences.
The time to act is now. If you are already in default with your lender, or if you are headed down that path with late or missing payments contact us today. Via Email: shortsales@MyNorcalAgents.com Via Phone: (866) 575 9795, or (916) 316 3050 or (916) 316 2817 |