Short Sale & Foreclosure

Frequently Asked Questions

It is understandable to have questions when coping with a new and challenging situation, especially when a home is at stake. The reality is that millions of homeowners across the country are finding out that they have more questions than answers. We hope that the following information will help you better understand the circumstances. If you have further questions not addressed below, or would like additional information resources, feel free to Contact Us.

Read more...

Short Sales Explained

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.

Read more...

Foreclosure Solutions

The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to ESCONDIDO-area residents for foreclosure are many. Following is a brief explanation of these solutions, including their benefits and drawbacks:

Read more...

Home Affordable Refinance

If you are a homeowner who is current on your mortgage payments but unable to refinance to a lower interest rate because your home value has decreased, you may be able to refinance.

Are you the owner of a one- to four-unit home?
Invalid Input
Do you have a loan owned or guaranteed by Fannie Mae or Freddie Mac?
Invalid Input
Are you current on your mortgage payments?
Invalid Input
Name:
Invalid Input
Email:
Invalid Input
This site can help you determine if you are eligible, but only the servicer of your loan can tell you if you qualify. Please contact your servicer for more information.
Find Out if Your Eligible