Trying To Stop Foreclosure on Your Beverly Hills Home?

Is the bank trying to foreclose on your Beverly Hills home?  Are you
trying to stop foreclosure on your Beverly Hills home at all costs?
Housing Assist is here to help, and we can, by informing you of the
benefits of a short sale.  Short sales occur when a lender agrees to
accept a lesser value than the total owed on the home in question.
Why would a lender do this?  Well, many lenders agree to short sales
because foreclosure is a tedious process for them as well.  With a
short sale, they can cut their losses and quit chasing someone who
simply doesn’t have the money they owe.  In fact, more and more banks
are agreeing to short sales.

The recession has even affected residents living in the the affluent
cities of Beverly Hills, Brentwood, Santa Monica etc.  On a positive
note, homeowners are becoming familiar with the short sale, and now,
many homes in Beverly Hills are being listed as short sales.  Beverly
Hills residents are fighting foreclosure, saving themselves from bad
credit and the ‘shame’ of the process.

If you are underwater on your Beverly Hill property, you aren’t the
first and you won’t be the last.  But it’s important to get the
assistance you need before foreclosure .  If you are interested in
listing your Bel Air property as a short sale, contact HousingAssist
for more information, today.

Sherman Oaks Short Sales

September 6, 2011 by  
Filed under Blog, Sherman Oaks Short Sales

Sherman Oaks Short Sales

If paying your mortgage is a financial burden and you owe more on your property than what it’s worth, a short sale might be the answer.  Foreclosing on your property could leave you with horrible credit and your neighborhood with a decreasing property value.  In a short sale, a lender or bank will accept less than what’s owed on the house.  Lenders are open to short sales because it’s easier to cut their losses and not deal with the difficulties of the foreclosure process than to try to collect from a homeowner who doesn’t have the money they owe.  More and more short sale transactions are occurring, as homeowners are trying to climb out of debt

Tough economic times have certainly had their affect on the housing market.  Even in upscale neighborhoods like Beverly Hills and Westwood, properties have decreased significantly.  As the values of property declines, homeowners who don’t own their houses are paying high ticket mortgages that will continue to rise.  In many cases, homeowners will owe more than what their house is now worth.

If you owe more on your property than what it’s worth, and you live in Sherman Oaks, Tarzana, Encino, Studio City, or Reseda, 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.  Housing Assist of America has helped dozens of valley homeowners move their properties.


Owe More Than What Your Westwood Home is Worth? Think Short Sale.

Owe More Than What Your Westwood Home is Worth?  Think Short Sale.

A short sale should be your first thought if you owe more on your property than what it’s worth and paying your mortgage is a financial burden.  After all, foreclosing on your property could leave you with horrible credit.  In a short sale, a lender or bank will accept less than what’s owed on the house.  Lenders agree to short sales because cutting their losses and not dealing with the difficulties of the foreclosure process is easier than collecting from a homeowner who doesn’t have the money they owe.  If you choose a short sale, you could start fresh while wiping out your debt.   More and more of these transactions are happening, as homeowners are trying to climb out of debt

Tough economic times have certainly had their affect on the housing market.  Even in upscale neighborhoods like Beverly Hills and Westwood, properties have decreased significantly.  As the values of property declines, homeowners who don’t own their houses are paying high ticket mortgages that will continue to rise.  In many cases, homeowners will owe more than what their house is now worth.

If you owe more on you Westwood property than what’s 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.

Considering a Short Sale of Your Los Angeles Property?

Considering a Short Sale of Your Los Angeles Property?

Over the past few years, as the economy has slumped, so has the housing market.  Even in upscale neighborhoods like Beverly Hills, properties are no longer worth what they once were.  As property values are declining, homeowners who don’t own their houses outright are paying high priced mortgages that continues to increase.  In some cases, homeowners will owe more than what their property is worth.  These houses are referred to as‘underwater’.

When you owe more on your property than what it’s worth, and paying your mortgage is a financial burden, you should consider a short sale above any other solution.  Foreclosing on your property will leave you with horrible credit while a short sale will alleviate your debt and give you a fresh start.  In a short sale, a lender or bank will accept less than what’s owed.  Lenders agree to short sales because they find that cutting their losses and not dealing with the difficulties of the foreclosure process is a better than collecting form a party who doesn’t have what they owe.  Data shows that lenders are approving more and more of these transactions.

If your Los Angeles property is underwater and you are trying to alleviate yourself of the pressures of debt, contact Housing Assist of America for further information on the short sale process.  Housing Assist of America helped more than two hundred homeowners with a short sale of their home.  

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