July 2009

Foreclosure – Beware of Scams Try and save your Irvine home! There are many reasons adding up to the list for why there are so many foreclosure happenings nowadays. Few of them being with loss of job, recession, resetting the rules and values of mortgage plan! Hence, the home owner is unable to afford the [...]

Foreclosure or Short Sale The question always comes up, “Is it better to do a short sale than go through foreclosure?” The circumstances that lead up to the loss play a roll in the final answer along with the timing of how soon someone can purchase another home. These are the guidelines in place by [...]

Foreclosure Time Line The timeline displayed here is typical in a California non-judicial foreclosure. The foreclosure timeline does not begin until the lender feels they have exhausted all avenues for curing the payment delinquency. Normally, this happens after the borrower has missed three monthly mortgage payments and the Notice of Intent to Foreclose has expired. [...]