It could take several weeks to close a short sale, so it's important to act quickly and let us handle all the negotiations with the bank so that the foreclosure can be avoided.
One way thousands of people are preventing foreclosure in San Diego Country is by negotiating a modification on their bank loan. Another way to prevent foreclosure is to sell you home fast. Once you have decided which route you want to take, the representatives at Stop Foreclosure in San Diego can help you with whichever decision works best for your family and your financial future. More details on these choices follow:
Loan Modification Service
We are a loss mitigation company helping people reduce financial losses by renegotiating their loan's principal balance, interest, or monthly payments. We contract with attorneys who do thousands of loan modifications and so they are experts in the process, handling your paperwork fast. The attorneys we work with are fully aware of and compliant with California Law SB94, which makes it illegal for anyone to charge up front fees for a loan modification.
Sell Your Home Fast with a Short Sale
You may think that there is no hope because you owe more on your loan than your property is worth, but that is not correct. We can do a short sale and buy your property for cash. But first, we will negotiate the loan balance with your loan holder. And because these two methods are both profitable for us, you don't have to worry about how much you owe because we work with all loan balances.
Loss Mitigation
With these services you will be mitigating your losses. Even though your loan defaults will show up on your credit report, you can prevent a foreclosure from appearing and staying on your history for up to seven years. The banks mitigate losses by avoiding the ownership and reselling of your home, processes that take a lot of time and money.
You might be thinking that listing your property with a realtor is the answer, but finding a qualified and willing buyer before the foreclosure date might not happen. But in reality, it can take many, many weeks to receive a qualified offer and it can take many more weeks to close the sale. Even if you do enter into escrow quickly, it's always possible that the buyer will not qualify or maybe they will just get cold feet and drop out of the sale, which happens every day in the world of real estate transactions. But whether or not your property is listed by an agent, our staff is still willing and able to negotiate a short sale or loan modification. Time is of the essence because it can take up to six months for a short sale to close, so give us a call and let us answer your questions.
So, if you live in San Diego and are in foreclosure, there is a way to mitigate your losses through our short sale and loan modifications services.
Remember that if you need to stop foreclosure fast in San Diego, CA or anywhere in San Diego County, California, StopForeclosureSanDiegoCA.com is your best resource. If you want to keep your home, or sell it fast, simply visit StopForeclosureSanDiegoCA.com and claim your special report!
