Pre-foreclosure

This year there has been a significant increase in the number of mortgage defaults and foreclosures. Because of escalating prices, homeowners have to extend themselves further just to purchase the property they desire. Many people choose creative and sometimes risky financing options like no-down payment, negative amortization, interest-only and piggyback loans, which create a less stable financial position after they purchase the property.

In the past it took a major life event like death, divorce or loss of a job to force a homeowner into default. Today's homeowners, with their precariously balanced finances, are more easily forced into a situation in which they can not cover all of their monthly payments. Several missed payments could lead to the beginning of the foreclosure process.

If you are delinquent on your mortgage or trust deed payments and foreclosure seems to be in your future, we can help. We know you need straight answers at a time like this.

Regardless of your present mortgage or loan situation, we will be able to assist you by arranging a repayment plan to bring your loan current. You may be experiencing financial difficulties due to reasons beyond your control which have resulted in your falling behind on your mortgage payment. Bankruptcy is a last resort and should be avoided whenever possible. We will help you keep you home. Contact us today.