Azusa Homeowners: How to Prevent Foreclosure

The housing market in Azusa is a mess, and many Azusa homeowners are losing their homes to foreclosure.  As more and more homes are emptied out, houses in the neighborhood begin to lose their value as well, making the situation worse for your neighborhood.  But there’s seemingly no solution, as Azusa homeowners are now paying much more on mortgage payments than the total value of their home.

There is a solution however.  Short sale.  A short sale is a legal deal between the mortgage lender and the borrower in which the lender agrees to accept a lesser value than the total owed on the house.  Basically, the lender is accepting a loss in order to close the mortgage deal as soon and painless as possible. The borrower is released from the lien on the real estate, while the lender averts the time and energy consuming process of foreclosure.

If you’re an Azusa resident trying desperately to stop foreclosure, contact Housing Assist of America or visit Housingassist.com today.  We have already helped negotiate short sales for many homeowners in Azusa, and we’ll be happy to hear you out and advise you on the process of a short sale.

Artesia Short Sales: Preventing Foreclosure in Artesia

It’s a push and sink economy right now. Homeowners are being pushed to pay speedily rising mortgages yet sinking deeper into debt. As property values decline and mortgage prices rise, many homeowners now owe much more than what they bargained for.

Artesia is another bed of a financial sinking hole right now. Across Artesia, house after house is being foreclosed on as many of Artesia’s residents are struggling to pay their mortgages. But their troubles worsen if the bank takes their homes. The neighborhood loses property value while the homeowner loses credit, making it tough for them to find another house.

If you’re facing foreclosure right now, consider a short sale of your Artesia property.  A short sale is a mortgage cut agreement between a lender and the borrower so that the homeowner gets to keep the house, while the lender avoids the hassle of foreclosure. It’s the best alternative to losing property, which only worsens the neighborhood’s property value and the economy.

For more information, contact Housing Assist of America as soon as possible. You can be one of the homeowners Housing Assist has helped to protect your home by advising you how to procure a short sale. In this sinking market, Housing Assist can teach you how to stay afloat.

Orange Country Residents: Considering Foreclosure? Don’t!

The market is slumping, and a ton of Orange County residents are
upside on our mortgages, dealing with negative equity, and in jeopardy
of losing their homes. Foreclosure is on the horizon, but before
ruining your credit, you might want to consider a short sale.

A short sale is a sale of a property in which the proceeds fall short
of the total owed. Short sales save lenders time and effort in trying
to collect finances that the homeowner simply doesn’t have. Sure the
lender takes a loss, but everybody avoids foreclosure, which involves
hefty fees, load of time, and bad credit for the homeowner.

President Obama has instituted housing relief in the form of HAMP, the
federal Home Affordable Modification Program, which makes it possible
for those upside on their mortgages to engage in short sales or deeds
in lieu of foreclosure. So before you foreclose on your Orange County
property, consider a short sale. You will want to shop around in the
housing market sometime in the future, and shopping with bad credit is
never easy. Short sales don’t always pan out, but if you’re having
trouble making payments on your mortgage, you have nothing to lose in
trying before foreclosing on your Orange County property. Contact
Housing Assist, and find out more about short sales today.

Arcadia Short Sales: Stop Foreclosure Now!

Millions of homeowners are underwater on their mortgages and looking for a way out of this crisis.  Because the mortgages of these properties usually exceeds the property value, homeowners are in a tough spot.  In Arcadia, California, underwater homeowners are realizing their options are limited.

Arcadia residents are trying to stop foreclosure but the options seem rather bleak.  President Obama has implemented certain efforts to help homeowners, but overall, these services don’t do anything other than postpone payments, delaying the inevitable.

If you are one of these Arcadia residents looking for help, Housing Assist is here to fill you in on your best option…Short sale.   Short sales occur when a homeowner sells the property for less then when he owes.  Homeowners must first get the bank’s consent before selling, as well as word that they will forgive the debt on the sale.  Short sales are great options because there’s less paperwork, less hassle, and nobody needs to declare bankruptcy or take the time and energy to foreclose.  For more information on short sales, visit Housingassist.com

Burbank: Top Options for Upside-down Mortgage Holders

Thousands of Burbank homeowners are underwater on their mortgages and in trouble of losing their homes altogether.  Of course, because the mortgage of these properties are greater than the current property value, these homeowners are in quite a bind.

There are a few options out there to ease the burden, but no plans, not even President Obama’s new Housing Acts, are of any substantial assistance.  Homeowners can choose loan modification, and restructure the term’s of the borrower’s loan.  This option however does not make for any principal reductions in payments.  A deed in lieu of foreclosure occurs when the homeowner, with the bank’s consent, deeds a property back to the lender, instead of foreclosing altogether.  Foreclosure is another option.  This of course, occurs when a lender takes the property back from the delinquent homeowner.

The best option, however, is a short sale.  Short sales occur when a homeowner sells the property for less then when he owes.  Short sales are a great option for Burbank homeowners because there’s less paperwork, less hassle, and nobody needs to declare bankruptcy or take the time and energy to foreclose.  If you’re fighting to stop foreclosure on your Burbank home, contact Housing Assist today, and learn more about the short sale process.

Modesto Short Sales

November 14, 2011 by  
Filed under Modesto Short Sales

The housing market is more than a mess right now, and many Modesto homeowners are losing their properties to foreclosure.  If they haven’t lost their homes yet, many Modesto homeowners are at the mercy of foreclosure as they are now paying mortgages that far exceed the value of their homes worth.

In a short sale, your lender agrees to accept a lesser amount than the total owed on your home.   Basically, the lender is accepting a loss in order to close the mortgage deal as soon and as painless as possible. The borrower is released from the lien on the real estate, while the lender averts the time and energy consuming process of foreclosure.

Contact Housing Assist of America or visit Housingassist.com to learn more about the details of the short sale. We have already helped negotiate short sales for many homeowners in Modesto, and we’ll be happy to hear you out and advise you on the process of a short sale. In today’s real estate market, it’s the best option you can turn to.

Diamond Bar Homeowners: How To Prevent Foreclosure

The recession has hit every California city, and now, Many Diamond Bar residents are underwater on their mortgages and close to losing their homes to foreclosure.  Foreclosure might seem like your only option, but before you let your lender foreclose on your home, you should highly consider a short sale.  Why consider a short sale as opposed to foreclosure?  First off, filing for foreclosure will destroy your credit.  It is also a long and tedious process that carries with it a certain stigma that is somewhat shameful.   Regardless, many feel this is the only option if upside down on mortgage payments.  So before you think foreclosure, consider the better option: Short sale


Diamond Bar Short Sales: A short sale is an agreement between the lender and the borrower in which the lender agrees to accept a lesser amount than the total owed on the house.  Lenders will complete short sales because they will no longer have to chase borrowers for payment.  They will also avoid the costs and efforts of foreclosing on the property.


I need to stop foreclosure on my Diamond Bar home!  I want to conduct a short sale of my Diamond Bar home!  If these words are repeating through your mind, you should contact HousingAssist.com for more information.  If you are in trouble of losing your Diamond Bar home, a realtor as Housing Assist can help you with a solution today.

Housing market continues to play a crucial role in the economy

By: Joshua C Anderson

Afshar Properties Chief correspondent

Thursday, November, 3rd 2011

As of today there are over 7 million homes in foreclosure or delinquency. Furthermore, there are 11 million homeowners that are underwater and likely headed into the direction of foreclosure. Several unsuccessful attempts by the government have only made the situation worse, so what next on the agenda?

Fed chairman Ben Bernanke has been trying to balance out the situation between the housing market and the economy for quite some time. According to recent reports the Obama administration is planning on broadening the spectrum of a program that would allow underwater homeowners to refinance, a plan that will almost certainly fail. The obvious reason for failure is that most of the homeowners won’t qualify; lenders will have to take into consideration a borrower’s credit worthiness and ability to repay the new loan. Another key factor that will add to the demise of this new program is that the majority of the delinquent homeowners are unemployed and have been for some time. If we take a step back and look at why the mortgage modification plan didn’t work out, we see that the banks wanted to see steady income, and one who is unemployed cannot show a steady income. This and several other factors played a crucial role in its demise.

Homeowners who could not qualify for the modification ultimately were left with few options, those who were able to continue making payments stuck it out, while the rest ended up further defaulting and ultimately foreclosing. There is however one option that used to be overlooked, the short sale. This is a process where a lender allows the homeowner to sell the property for less than what’s owed.  The end result is the homeowner avoids the ramifications of a foreclosure and in some cases receives relocation assistance.  This type of transaction used to be dreaded by most real state agents, however, over the past year they have become increasingly popular. Housing Assist of America, a branch of Coldwell Banker, has seen there fair share of short sales, with over 350 completed since 2008, they are among the top short sale negotiators in the business.

Housing Assist Coldwellbanker