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. You can also avoid a bank sale by selling your property fast. Whichever method you choose, the real estate professionals at Stop Foreclosure in San Diego can walk you through the process. What are these services about?
Loan Modification Service
If you want to keep your home, we are a San Diego loan modification company that specializes in negotiating the interest, balance, and payments of real estate loans. We work with attorneys who have handled thousands of loan negotiations and know how to get your modification closed quickly. These attorneys will not charge any fees until the loan modification is complete, which is in full compliance with California Law SB94.
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. With a short sale, we will still be able to buy the property with cash. Before making the sale, we negotiate the principal with your lender. And don't think that you owe too much or too little for us to work with you because we work with everyone.
Loss Mitigation
By following one of these two paths, you will be engaging in loss mitigation. One loss you don't have to incur is the negative effects of having a foreclosure listed on your credit report for seven years. When you stop a foreclosure, the banks reduce their losses because they don't have to take back ownership of your home or go through the hassles of selling it.
You might want to list your property with a realtor and hope that someone buys your home before the bank takes back the property, but that rarely happens in a market where buyers have lots of homes to choose from and can take their time in looking for property. In fact, it can take several weeks to several months just to get a reasonable offer and then it can take another several weeks to close escrow. If the buyer cannot qualify or finds another home to buy, they will cancel the deal and you have to list your home all over again, if there's still time to do it. But even if you are under a listing contract with a broker, we will still negotiate a short sale or loan modification for you. It can take up to six months to finalize a short sale, but we work with your bank to try to make sure the process is completed before the foreclosure takes place.
In short, the foreclosure is going to happen, but you can mitigate your losses by making a strategic decision with regard to short sales or a loan modification.
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!

