Upside-down On Your Pomona Valley Home Mortgage? We Can Help

Thousands of homeowners are underwater on their mortgages and looking
for ways to dispose of their properties. The economy is slumping, and
the housing market is as well, and the mortgages of homeowner’s
properties now usually exceeds the property value. Pomona, Moreno
Valley, and Claremont homeowners are in a tough spot, as these
underwater homeowners are realizing their options are limited.

There are a few options in trying to alleviate the pressures of
foreclosure, and President Obama has enacted several programs to
assist homeowners with their financial problems. truth be told,
however, Obama’s solutions are only temporary fixes, that allow for
homeowners to stretch their payment, only delaying the inevitable.
Even with the President’s help, foreclosure on your Pomona, Moreno
Valley, or Claremont home might still be just around the corner.

The best option for Pomona, Moreno Valley, or Claremont homeowners is
a short sale. A short sales occur when a homeowner sells the property
for less then when he owes. Pomona, Moreno Valley, or Claremont
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

Housing Assist Coldwellbanker