What is a Pre-Foreclosure in the Bay Area?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in anyway? Many homeowners across America and are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued

Understanding the Foreclosure Process in California

  Understanding the foreclosure process in California is important if you find yourself having trouble making mortgage payments. We give you some background on foreclosures and what to do if you find yourself in this situation. What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally … Continued

Can I Sell My House While in Foreclosure?

Do you have a house that’s in foreclosure right now? Many people going through the foreclosure process want to get out from under that burdensome house and wonder if they can sell. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell your property prior to foreclosure. Generally, the … Continued

Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. We break down what you need to know in each case. What Is A Foreclosure? According to Redfin, “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and … Continued