Exploring the Potential of Wrap-Around Mortgages in Real Estate
By Freddie Avila Wrap-around Mortgages (known as a wrap) A type of Secondary Financing you can use to purchase real estate The Seller extends to the buyer an installment note which wraps around any existing notes that have already been secured by the seller. Example: If a home is valued at $100,000 and the […]
Preventive Measures Homeowners can take during a Foreclosure
By Freddie Avila Stay Informed: Homeowners should stay informed about available foreclosure prevention programs and resources. They can do this by regularly checking government websites, attending public listening sessions, and participating in surveys and feedback opportunities. By staying informed, homeowners can ensure they are aware of the assistance programs and eligibility criteria that may be […]
Prevent Foreclosure in Ventura County, California
By Freddie Avila Facing foreclosure can be an incredibly stressful and daunting experience for homeowners, particularly in a dynamic region like Ventura County, California, which encompasses bustling communities such as Oxnard, Thousand Oaks, Ventura, Simi Valley, Camarillo, and Moorpark. However, with the right guidance and resources, overcoming this challenge is possible, leading to a more […]
Finding Solutions: Foreclosure Assistance in San Fernando Valley
Facing foreclosure can be an overwhelming experience for homeowners, especially in a vibrant real estate region like San Fernando Valley, California, which includes major cities such as Burbank, Glendale, Van Nuys, Northridge, and Encino. However, with the right assistance, you can overcome this challenge and secure a brighter financial future. As a foreclosure assistance expert […]
Navigating Financial Concerns: Understanding Elderly Homeowners in Reverse Mortgage Foreclosure
By Freddie Avila Understanding Reverse Mortgages For retirees seeking to unlock their home’s equity without selling, a reverse mortgage can hold significant appeal. Available to homeowners aged 62 and older with substantial home equity, this financial tool enables them to convert a portion of their property’s value into cash while retaining ownership. Unlike traditional mortgages, […]
Navigating Pre-Foreclosure: Restructuring a loan for a homeowner in distress
By Freddie Avila Pre-foreclosure can be a daunting period for homeowners facing financial distress, but it’s not without options. Among these is the possibility of restructuring loans, a pathway that warrants exploration for those seeking to avert foreclosure. Understanding the nuances of loan restructuring, its pros and cons, and the feasibility of securing an amendable […]
Foreclosures Near Me
How to Find Foreclosures Near You. In today’s real estate landscape, discovering foreclosed properties nearby can present promising opportunities for both investors and homebuyers. Whether you’re on the hunt for a great deal on your dream home or aiming to make a savvy investment, knowing how to uncover foreclosures in your local area is crucial. […]
where does the liability after foreclosure appear on the CD?
by Freddie Avila Understanding State Law Protection In the “Liability after Foreclosure” section of the Closing Disclosure, there are several critical pieces of information that demand your attention, each contributing to a comprehensive understanding of your potential obligations in the event of foreclosure. This section serves as a beacon, illuminating the murky waters of post-foreclosure […]
Foreclosure Assistance in Orange County, California
Facing foreclosure can be an overwhelming experience for homeowners, especially in a vibrant real estate region like Orange County, California, which includes major cities such as Santa Ana, Garden Grove, Buena Park, Westminster, Placentia, and Los Alamitos. However, with the right assistance, you can overcome this challenge and secure a brighter financial future. As a […]
Here’s how to get your House out of Foreclosure in Riverside, California
By Freddie Avila Foreclosure is a daunting challenge for homeowners, especially in Riverside County, California, which includes major communities such as Riverside, Moreno Valley, Corona, Murrieta, Temecula, and Hemet. However, with the right assistance, this difficult period can be navigated successfully, leading to a more secure financial future. As a foreclosure assistance expert in Riverside […]