Stop Foreclosure Cypress
You should always contact a localÂ Cypress Foreclosure Real Estate Agent
to learn what your options are, you have several options other than just letting your property go to foreclosure. Banks are offering cash incentives to Cypress
, CA. residents that are willing to short sale their homes instead of letting the property go into foreclosure. The bank actually wants you to live in your home during the short sale process and they will pay you thousands to help with moving costsÂ at the close of escrow. We have seen homeowners be paid as much as $35,000 to short sale their home.
Even if you don't think that you want to speak with an agent at this point it is always best to start your research as early as possible to stop foreclosure in Cypress
.Â Have an agent run comps and let you know what the precise value of your home is. This way you have a solid number that you can work with.
Often times homeowners do not realize that they have various options when they are trying to stop foreclosure in Cypress
. I have helped dozens of families in stop foreclosure in Cypress
. I would suggest reading the following information prior to starting any loan modification or short sale process. Feel free to contact me if you have any questions about loan modifications, short sales or a deed in lieu of foreclosure.
If you are in Cypress, CA
you could start at www.FacingForeclosureOC.com
, otherwise do a quick Internet search for terms like.Â Cypress, CAÂ Foreclosure Help
or Stop ForeclosureÂ Cypress, CaÂ
but you will insert your own county or city name instead of "Cypress, CA
" like I did here. You should be able to find tons of information aboutÂ Cypress Foreclosure Real Estate Agents.
*****Remember , just because you are contacting a Cypress foreclosure real estate agent
does not mean you have to sell your home. Often times I am contacted by people that are ready to give up but when I put them in touch with my loan modification specialist they find that there are ways for them to keep their home and obtain a more manageable payment.
As a Â localÂ Â Cypress ForeclosureÂ Specialist
Â I am going to ask you a series of questions to help you uncover where you are at with your foreclosure and possibly reveal new options that you were unaware of. As I stated prior there are many cases where homeowners are ready to give up until the are put intouch with my loan modification team.
1) Have you tried to stop Foreclosure in Cypress, Ca. with a loan modification?
2) Have you already listed your home or tried a short sale?
3) Do you know what a Deed In Lieu Of Foreclosure is?
4) What is the hardship that led to the foreclosure of yourÂ Cypress, CaÂ property?
A) Did you have a job loss?
C) Unforeseen major medical expense?
D) Pay or salary cutback at work?
5) Is theÂ Cypress, CaÂ Foreclosure property your primary residence?
A) Have you lived in the property in the last 12 months?
(weather or not you have lived in the property in the last 12 months will affect your process)
Your localÂ Cypress, CAÂ Foreclosure Real Estate agent
such as the ones you can find at our website www.FacingForeclosureOC.com
should be able to let you know exactly what your options are and how you can stop foreclosure in Cypress, Ca
The worst thing any family can do is play the waiting game, all to often people call me back after 60 or 90 days and ask if I can help them. Sometimes I am able to help them and sometimes I am not able to help them. But time is of the essence and when my clients just wait around and pray most often the result is the same. They end up loosing the home, they get no cash back from the bank , the loan modification that they qualify for is not appealing to them because they are further behind on the mortgage.
Many times my clients here inÂ Cypress, CAÂ will apply for a loan modification only to learn that the new terms of the loan their lender is offering are not all that favorable. When we lay it out for them and we take a look 6 or 12 months down the road they often times realize that they are going to be in the same place that they are in now. Also its should be noted that less than 2% of permanent reduction Loan Modifications qualify for a principle reduction nationwide. (FinancialStability.gov)
It should be noted that at anytime during the evaluation process of your Cypress, CA property you may opt to start a short sale on your property.
More often than not my Cypress, CA clients see the long term benefits of moving forward with the Short Sale as opposed to dragging things out with a loan modification, (although the choice is always left up to the homeowner) Please understand that the choice is always left up to you, the homeowner and it is simply my profession to guide to and explain your options in detail at all stages of your transaction. Currently if a home owner opts to perform anÂ Cypress,Â CAÂ short sale they can be eligible to purchase a new home in as little as 18 - 24 months. Couple that with today's drastically reduced real estate values and cash incentives to short sale and its easy to see why manyÂ Cypress,Â CAÂ home owners are opting to short sale their home as opposed to trying a loan modification or a simple deed in lieu. (currently a deed in lieu has a much more negative impact on a persons credit than a short sale, and there are no cash back incentives when performing a deed in lieu).
If you would like to stop foreclosure inÂ Cypress, CAÂ please contact us as soon as possible at www.FacingForeclosureOC.com to learn about your options. We have helped people all over Southern California to stop their current foreclosure, keep a foreclosure off of their credit and provide them much needed financial relief from skyrocketing mortgage payments.
"Get Paid to Short Sale"
Right Move Real Estate
Stop Forelcosure In Cypress, CA