Foreclosures & loan mods
Credit is the golden calf impacting your financial future. When facing the loss of your home, the decision to modify your loan, short sale your house or just to let your home foreclose can have a long-term impact on your credit. Short sale vs. … [More...]
Why is it so hard to get a loan modification? Homeowners in Beverly Hills, Culver City and Westchester would like to know. Are the odds of getting a loan modification similar to hitting a zero on at a Roulette table in Vegas? The short … [More...]
Short sales: What’s the deal?
Anyone considering a short sale in California should get all the facts before coming to a decision. Here are some important tips and considerations for those thinking about a short sale. Please remember this article is not a substitute for legal and … [More...]
Here are two big pieces of the puzzle for distressed homeowners: deficiency judgments after a short sale, and the impact of foreclosures on deficiency judgments. A deficiency judgment is an unsecured monetary judgment against a borrower whose sale … [More...]