Number of Sherman Oaks Short Sales and Foreclosures Soar in 2011

December 15, 2011 by  
Filed under Short Sale/Loan Modification Blog

In 2011, short sale and foreclosure numbers, indicators of an unhealthy housing market increased by a gigantic margin.  From last year, in the Sherman Oaks area, the number of short sales increased by more than 150%.  The number of Sherman Oaks foreclosures has increased by more than 33% since last year.  These numbers indicate that Sherman Oaks homeowners are struggling (or were struggling) with their monthly mortgage payments, and either did something about it by conducting a short sale, or lost their homes to foreclosure.

At the same time, the number of forecloses homes purchased has risen, meaning potential buyers are looking to save an extra buck by purchasing these homes that banks are selling at reasonable prices.  In turn, the resale value of homes that are not bank owned, are losing value because buyers prefer the discount of bank owned homes.

If you are one of the thousands of people who can’t afford their monthly mortgage, and foreclosure is looming, do yourself a favor and contact Housing Assist of America today, for information on the short sale process and preventing foreclosure.







Foreclosure Numbers Set To Increase Further

December 15, 2011 by  
Filed under Foreclosure Numbers Set To Increase Further

The number of foreclosure across the country has slowed of late, but the real estate market will soon be hit by a slew of foreclosures.  Banks are currently submitting months of backlogged non payments, and millions of documents and court papers are now being filed which will result in forthcoming bank action and foreclosure. 

Foreclosure activity slowed of late due in part to a shifted focus on the robo-signing scandal, but banks now seem more ready than ever to collect on what they’re owed.  With the number of foreclosures set to rise, home value will most likely decrease again as the neighborhood value is sure to decline with more and more vacant houses. 

Before they come knocking on your door for what they’re owed, consider a short sale of your house.  For more information on how to stop foreclosure, contact Housing Assist of America today.  They’ve helped hundreds of people to prevent foreclosure on their homes.

Foreclosure Can’t Kill Christmas Spirit

Every year around the holidays, Orange County residents make sure to stop by Jim Jordan’s home, a modest house in Costa Mesa, California.  For forty years, Jordan has been converting his house into a Christmas wonderland every December, and tens of thousands of people have show their appreciation in admiration of Jordan’s holiday cheer. 

Jordan claims that he’d have 80,000 visitors every December, all wanting to catch a glimpse of his giant Santa and nearly 200 foot stretch of Christmas characters.  But earlier this year, Jordan’s house was lost to foreclosure, and the Costa Mesa tradition seemed to be lost forever.

Costa Mesa city officials, however, offered to host Jordan’s display outside the City Hall.  They have even offered to include Santa’s village and a holly jolly St. Nick himself.  Costa Mesa residents, and Jordan himself, are thrilled the tradition remains alive.  Though foreclosure took his home, it couldn’t take Jordan’s holiday spirit. 

Lynwood Short Sales: Preventing Foreclosure in Lynwood

Lynwood residents, like many other homeowners across the country, are struggling to pay their high mortgage prices.  Bankers are calling every day and foreclosure is on the horizon.  If you’re facing foreclosure right now, you’re not the first, and you won’t be the last.  Housing Assist of America, however, is here to help.

How can Housing Assist help me?  Well, Housing Assist specializes in conducting short sales.  In a short sale, a lender or bank will accept less than what’s owed on the property, leaving you free and clear of your mortgage payments.  These transactions are ideal for lenders because it’s easier for them to cut their losses and avoid the difficulties of the foreclosure process than to try to collect from a homeowner who doesn’t have what’s owed.  More and more short sale transactions are occurring, as homeowners are trying to climb out of debt.

If you owe more on your Lynwood property than what it’s worth, contact Housing Assist of America for further information on the short sale process.  Housing Assist of America has helped more than two hundred homeowners conduct a short sale of their home, and they can certainly help you if you are trying to alleviate yourself of the pressures of debt.

San Gabriel: Foreclosure looming? Consider A Short Sale!

Sure, the real estate market is a mess right now, and many San Gabriel
and San Marino homeowners have been forced into foreclosure. But even
if the banks are constantly calling, you shouldn’t think that is your
only option; there’s a better solution out there: short sale.

A short sale provides a win-win situation for both the lender and the
borrower. The borrower avoids a bad credit reputation and losing his
San Gabriel or San Marino house, while lenders forego the financial
and physical troubles of implementing foreclosure. Though the lender
might have to take a small loss, everybody saves time, money and
stress.

Short sales are the best option in these hard economic times. Before
you lose your San Gabriel or San Marino properties, you should inquire
further about short sales. For more information and help, contact
Housing Assist of America, where we have helped many residents of San
Gabriel and San Marino stop foreclosure on their homes. We’ll walk
you through the short sale process and simplify it for you. What do
you have to lose? Instead of ruining your credit and having to shop
around for a new home, allow Housing Assist of America to help.

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San Marino: Foreclosure looming? Consider A Short Sale!

Sure, the real estate market is a mess right now, and many San Gabriel
and San Marino homeowners have been forced into foreclosure. But even
if the banks are constantly calling, you shouldn’t think that is your
only option; there’s a better solution out there: short sale.

A short sale provides a win-win situation for both the lender and the
borrower. The borrower avoids a bad credit reputation and losing his
San Gabriel or San Marino house, while lenders forego the financial
and physical troubles of implementing foreclosure. Though the lender
might have to take a small loss, everybody saves time, money and
stress.

Short sales are the best option in these hard economic times. Before
you lose your San Gabriel or San Marino properties, you should inquire
further about short sales. For more information and help, contact
Housing Assist of America, where we have helped many residents of San
Gabriel and San Marino stop foreclosure on their homes. We’ll walk
you through the short sale process and simplify it for you. What do
you have to lose? Instead of ruining your credit and having to shop
around for a new home, allow Housing Assist of America to help.

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Glendale Short Sales: Prevent Foreclosure Now!

These days, no cities are safe from the slumping housing market.  As mortgages rise and property values dip, many valley residents of places like Glendale, Pasadena, and Studio City are finding themselves in debt and living in a house that is worth much less than its original list price.

If you are a Glendale, Pasadena, or Studio City homeowners who feels foreclosure is the only way out, you should first consider a short sale. Foreclosure is an awful situation Not only does the neighborhood’s property value decrease, your credit value takes a hit as well, which won’t make finding a new home easier.

The economy is slouching, and in tough economic times, a short sale is your best option.  What exactly is a short sale?  Well, when a lender will accept a lesser amount than the total owed on the house, you’ve conducted one.  Most banks or lenders are willing to negotiate a short sale because they can avoid the complications of foreclosure.

If a short sale sounds ideal to you, contact Housing Assist of America for further details. Housing Assist has helped many Glendale, Pasadena, and Studio City homeowners residents complete short sales of their homes.   There’s nothing to lose in calling to ask—but if you don’t act soon, you might just lose your home.

Rosemead Homeowners: How to Prevent Foreclosure

The housing market is a mess, and many Rosemead homeowners are losing their homes to foreclosure.  What most homeowners don’t realize is that as more and more homes are falling to foreclosure, the surrounding neighborhoods are dwindling in values.  If your neighbor loses his house to foreclosure, you house in turn is now worth less money.  Foreclosure is not just a problem for the homeowners, but for the neighborhood as well

If paying the monthly mortgage in your Rosemead home is a financial burden and foreclosure is looming, you should highly consider a short sale of your property.  A short sale occurs when a lender accepts a lesser amount that the total owed on your Rosemead home.  This not only will save you from the awful credit of foreclosing, but it will keep your neighborhood in relative value.  Best yet, you will be done with the headaches of monthly mortgage payments that you can ill afford.

If a short sale of your Rosemead home sounds ideal, contact Housing Assist of America today.  we have helped tons of Rosemead residents stop foreclosure on their properties.

Santa Monica Short Sales

December 5, 2011 by  
Filed under Santa Monica Short Sales

Across the county, short sales numbers are increasing as homeowners in debt are trying desperately to avoid the costly effects of foreclosure.   California Real Estate has always been expensive and desired, especially in the affluent cities of Beverly Hills, Brentwood, Santa Monica etc.  Only with the recession, the housing market has taken a hit.  Homeowners in these rich areas are even feeling the effects.  Many homes in Santa Monica, for instance, are being listed as short sales.

Instead of choosing to foreclose on their Santa Monica though, homeowners are taking advantage of the short sale, saving themselves from the pitfalls of foreclosure and heavy debt.  The more foreclosures, the more damage down to the value of houses in the area.  Because of this, short sales not only help the homeowner, but the  neighborhood as well.  if you are underwater on your Santa Monica property, you aren’t the first and you won’t be the last.  But it’s important to get the assistance you need before debt swallows you whole.  If you are interested in listing your Santa Monica property as a short sale, contact HousingAssist for more information, today.

Riverside: Foreclosure looming? Consider A Short Sale!

Sure, the real estate market is a mess right now, and many Riverside homeowners have thrown their hands into the air in despair and given up their homes to foreclosure. But you shouldn’t think that is your only option; there’s a better solution out there: short sale.

A short sale provides a win-win situation for both the lender and the borrower. The borrower avoids a bad credit reputation and losing his Riverside house, while lenders forego the financial and physical troubles of implementing foreclosure. Though the lender might have to take a loss, everybody saves time, money and stress.

Short sales and really the best option in this hard economic times. So before you lose your Riverside property, inquire further about short sales. For more information and help, contact Housing Assist of America, where we have helped many homeowners at Riverside to prevent foreclosure and even sell their homes as short sales. We’ll walk you through the short sale process and simplify it for you.  What do you have to lose? Instead of ruining your credit and having to shop around for a new home, allow us at Housing Assist to help you secure your home and your sanity.

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