Having helped as many families as I have avoid foreclosure after reading this report explains why so many of them slam the door in my face. Its funny because I’m only trying to help them not lose the house. But no matter how clever my script was as to why I was there 98% of [...]
Short Sale Information
Free Short Sale Help
No Payments for up to12 months +/- !
Stop Foreclosure-Get Out of Debt!
Why pay more than your house is worth?
Serving All of California
What is a short sale?
A short sale, negotiated settlement, or short pay occurs when a lender agrees to accept less than the amount owed to pay off a home loan. The lender usually agrees to a short sale due to the costly foreclosure process were they will take a much larger loss.
Short Sales Protected By New California Law
Thank you Governor Jerry Brown.
If you complete a short sale all of the lenders are barred from pursuing a deficiency judgment against you per California’s amended anti deficiency statues, California Civil Code 540E that was amended in Jan. and July of 2011 to allow you to walk away and requires your lenders treat the debt as “paid in full”.
This is true even if you short sale rental property (1 to 4 unit residential). This amended law also prevents the lender from requiring that you to contribute to the short sale! To view the full law, go to http://www.leginfo.ca.gov and look up Senate Bill 458.
If your property is foreclosed on and you owe your Home Owner’s Association (HOA) past HOA dues, they will likely get a small claims judgment against you and go after you, your assets and future income. This accrues interest and stays on public records for 10 years and can be renewed for additional 10 years terms!
If you complete a short sale the HOA will be paid off in full or at a discount and you will have no further liability for the unpaid balance. If your short sale is handled and completed by us, you will not pay a penny at closing.
Our service is absolutely Free and at No Cost to you
(The bank and buyer pay all costs and fees)
| Short Sale | Foreclosure | |
| Credit Score Impact | 50 to 130 points | 200 to 400 points |
| Timetable for your next home | 2 years | 5 to 7 years |
| Credit History | Loan is typically reported, “Paid in Full, Settled” | Public record for 10 or more years |
| Where do I live? | Live in your home throughout the short sale process (Usually 5 to 12 months +) | ??? |
