Unemeployed Borrowers Get Mortgage Relief with Freddi Mac

Starting February 1, 2012, Freddie Mac will give unemployed borrowers in Ladera Ranch, CA and other cities nationwide  have the  option to take a yearlong break from mortgage payments. If you lost your job and your loan is with Freddie Mac, note that the extended grace period, or forbearance of ...

Do I have to accept a Promisory Note in my Short Sale?

Do I have to accept a Promisory Note in my Short Sale?

Ladera Ranch, CA – In this business you do sometimes encounter very stubborn lenders who are adamant about collecting on what they believe to be “rightfully theirs”

These lenders are usually the ones that homeowner got their original loan ...

What if my Short Sale is Rejected?

What if my Short Sale is Rejected?

What Damages can a Homeowner Sue for if a Short Sale is Wrongly Rejected?

Laguna Niguel, CA- We have already discussed my advice to a homeowner dealing with the rejection of  a perfectly good short sale offer and facing imminent foreclosure.

I had ...

Stop Nasty Debt Collector Calls for Good

Stop Those Nasty Debt Collector Calls for Good

Ladera Ranch, CA – If you are in the middle of a financial  crisis paying off your unsecured debt – ie your credit cards – should be a far lower priority than paying on the secured debt on your home or for the basics you ...

When should I consider a Short Sale?

When Should I consider a Short Sale?

My Home Isn't Selling, I Might be Upside Down, So Why Hasn't My Real Estate Agent Mentioned a Short Sale?

This was the question I recently received from Jennifer, a frustrated homeowner whose property has been on the market for months ...

How to a Stop Foreclsoure?

How to a Stop Foreclsoure?

Ladera Ranch, CA – One of my previous clients asked me a simple, yet detailed question, "How do I stop my Foreclsure?" There were many answers I could have provided him with, but he continued to explain his individual situation. "I am a home seller who ...

Can't Afford the House Because of Our Divorce. Now What?

Can't Afford the House Because of Our Divorce. Now What?

Ladera Ranch,CA – The answer in most cases to this kind of question is to sell the property and split the assets. If you are a little upside down on your payments there are really only two options available ...