I hope that you find this information helpful. We’ve provide the steps associated with the California Trustee’s Sale (Foreclosure) below. You can also download a chart of the process by clicking this link (PDF): California Trustee’s Sale (Foreclosure)
CALIFORNIA TRUSTEE’S SALE (FORECLOSURE)
Steps
Borrower Defaults
The Borrower (Trustor) has not made good on the loan. The lender (beneficiary) begins foreclosure by requesting the […]
11-6-2013
A lot of our business comes from parties who have a need to sell there house quickly. These include those who owe more on their home than they’re worth, some who are being foreclosed upon, and others who have a home needing many repairs. Because we have cash to buy and the ability to purchase quickly, buyers come to […]
12-4-13 – The Home Affordable Refinance Program, also known as HARP, is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages. The application deadline is Dec 31, 2015. To see if you qualify check out the HARP website!
11-20-2013 J.P. Morgan Chase just settled with the Justice Department over a variety of legal issues related to the mortgage debacle. Apparently they were not forthright about the mortgages they sold on the secondary market. They were weaker mortgages than advertised. In the agreement J.P. Morgan is to provide 4 Billion in aid to distressed borrowers. The use of […]