Plain-English answers for California homeowners who are behind on their mortgage, facing foreclosure or thinking about a short sale. Written by Andrés Morales, Certified Short Sale Expert®.
Falling behind doesn't mean you've run out of options. Here's what to do early, while you still have the most choices.
Read articleForeclosure happens to you. A short sale happens with you. Here's how the two compare on control, credit, timing and what you might still owe.
Read articleYes. As long as the home is still in your name, you can usually sell it. Here's how it works and why timing matters.
Read articleForeclosure is a process, not a single event. Here's how it unfolds in California and where your options still exist.
Read articleA short sale isn't a credit death sentence. Here's how it compares to foreclosure and how soon you may be able to buy again.
Read articleA hardship letter isn't about begging. It's a short, honest explanation of what changed. Here's what to include.
Read articleWhat a deficiency is, how loan type and California law affect it, and why the approval letter is everything.
Read articleYes, but every lienholder has to agree to release its lien. Here's how second-loan negotiations work.
Read articleHOA balances grow fast and can stall a sale late in the process. Here's how they're handled and negotiated.
Read articleSometimes yes, sometimes no. It depends on whether the judgment is recorded against your property. Here's how to tell.
Read articleShort videos that answer the questions homeowners ask most.
What to do in the first 30 days after you fall behind.
Read the articleThe real difference, and why control matters.
Read the articleYes. Here's how it works.
Read the articleFrom the first missed payment to the trustee sale.
Read the articleShort sale vs. foreclosure, and buying again.
Read the articleWhat lenders need to see, in plain English.
Read the articleDeficiencies, waivers and California protections.
Read the articleHow we negotiate with the second lender.
Read the articleWhy a small balance becomes a big one.
Read the articleRed flags every homeowner should know.
The documents your lender will ask for.
VA loans, compromise sales and your options.
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