Short Sale vs Foreclosure – What’s the Difference in Sacramento?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Sacramento, California? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

What is Pre-Foreclosure in Sacramento?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. Banks will give you a lot of notice before you actually have to vacate. During that time you may even be able to save your home and renegotiate the terms of your loan. … Continued

Is It Possible to Stay in Your Home After Foreclosure?

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business of owning and maintaining homes. They are in the business of loaning people money. Still, when they have … Continued

Understanding the Foreclosure Process in California

Understanding the foreclosure process in California is essential for any homeowner who is struggling to make their mortgage payments. How soon will you have to move out? Is there any way to avoid foreclosure? Read on to learn more about the most common stages in California foreclosures and what happens after a judgement. What is … Continued

Can I Sell My Sacramento House in Foreclosure?

Do you have a Sacramento, California house in foreclosure right now? Many people going through the process wonder if they can sell the house before foreclosure is complete and they are evicted from the property. The short answer: yes. The long answer: it’s a little complicated. While each situation is different, you can usually sell … Continued