November 2008

What’s a Notice of Default on my Irvine Home? Notice of Default means your lender has begun the formal foreclosure process. This occurs once the borrower has been two months delinquent, in Irvine California. During this time the borrower has over three months from the recording of the Notice of Default to find a solution [...]

What will happen with my credit with a foreclosure on my Irvine home? One of the most damaging things that could happen to your credit record would be to have a foreclosure. Having a foreclosure on your credit record will impact your ability to borrow money for years, even more so than if you had [...]

To Avoid Foreclosure Can I Just Deed My Property To Someone Else? You can but when you deed your property to a third party it does not eliminate you are still obligated to pay the loan. So if the lender did eventually foreclose, it is your credit record that will be effected. The exception would [...]

If My Irvine Home Is Foreclosed, Can The Lender Come After Me For The Loss? For the lender that may have incurred any losses on your mortgage due to the foreclosure, a Judicial Foreclosure would be required to recover the losses. Although a lender can pursue a deficiency judgment through a Judicial Foreclosure on some [...]

What Are My Options To Avoid Foreclosure on my Irvine Home. You do have choices to avoid Foreclosure on your Irvine home. First thing you should do is inform your lender as soon as possible. Let them know that you intend to remedy the situation so that they will not have to obtain the property [...]

Stop The Foreclosure on my Irvine home The first way is to immediately bring the loan current. In order to do that you must pay all delinquent amounts as well as any costs and fees incurred by the mortgage company during the time they processed your file to foreclosure. For many borrowers, the loan is [...]

How Fast Can A Foreclosure Occur, What’s The Timeline? In Irvine, CA a foreclosure can be completed in less than six months from the time the loan becomes delinquent. The foreclosure process can take place two months after the loan becomes delinquent. The first step is to record the Notice of Default. Usually, the homeowner [...]

Irvine Foreclosure, Amazing Condo in Quail Hill area. 3 bedroom 3 bath C-Daydream floorplan in Casalon tract with balcony off kitchen area. Bedroom/bath on first floor, and other two bedrooms on third floors. Spacious kitchen with all white cabinets and white appliances. Living room has fireplace, vaulted ceilings, media niche, and upgraded cherry wood flooring [...]