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

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.

Housing Assist Coldwellbanker