Brea Foreclosure Payments To Be Sent This Spring

The foreclosure-abuse settlements between the federal government and 10 national banks will begin to be sent out over the next three months, according to a recent report in the O.C. Register. All eligible homeowners will receive payment whether or not they have applied for a foreclosure review. Even better news, eligible homeowners are not required […]

Foreclosures Fall In Brea and Orange County

RealtyTrac recently listed those cities with the most foreclosures anticipated for 2013. Not one California location made the list, even those counties which had been amongst the foreclosure leaders in years past such as Riverside and San Bernardino counties. Compared to states like Florida, which had eight listings on the report, this is a landmark […]

When Can You Buy a Home Again After Foreclosure

So your ready to buy again but you’ve had a foreclosure and you ask yourself these questions. How long do I have to wait? How do I qualify? What steps to I need to take to be eligible? Can I be a first time buyer again? What a difference a couple of years can make. […]

Consequences in Short Sale Or Foreclosure

Should I Short Sale or Foreclose?? Going the route of a short sale or foreclosure is a really tough decision. There are many factors and pitfalls in each. In the last couple of years there has been reform through the federal as well as the California legislature for homeowner protection. It is a good idea […]

Want to Purchase a Home After a Short Sale, Foreclosure or Bankruptcy?

What you need to know when buying a home after a short sale, foreclosure or bankruptcy. A common question sellers from a short sale, foreclosure or bankruptcy have now that they want to re-purchase a home today is, “How long must I wait before obtaining financing after short sale, ¬†foreclose or bankruptcy?” An important step […]

Know Your Options – Fannie Mae

These days you have to know your options. If your buying a home you have to know your options. If your selling your home, you need to know your options. If you are trying to loan mod or short sale, well you know the answer. Know your options! Luckily Fannie Mae has created a web […]

Recent Home Sales in Hacienda Heights

A mix of Standard, Short Sales and Bank Owned Properties Sold in Hacienda Heights A mixture of homes were sold both in November 2010 and December 2010 making up standard sales, short sales and bank owned homes. Let’s define what a standard sale, short sale and bank owned(reo) are: A standard home sale consists of […]

Foreclosure On Hold Until Loan Modification

Foreclosures and Loan Modification Programs The state Senate passed a bill that bars lenders from starting foreclosure proceedings against borrowers until after they’re found to be ineligible for a modification. We urge the Assembly to move the bill forward. Despite the vital interest that both lenders and borrowers have in avoiding money-losing foreclosures, the number […]

What are Your Foreclosure Options?

When a person falls behind on their mortgage, there are options available to the borrower. Options include Loan Modifications, Reorganization of debt through Bankruptcy Protection, Short-Sales, Deed-in-Lieu of Foreclosure, or an outright sale of your property. Naturally more options are available to the person who seeks immediate legal advice. Here are a few options available […]