Bankruptcy vs. Foreclosure in California
Posted on 25. Jul, 2011 by Attorney Chirnese Liverpool in Consumer Protection, Foreclosure Prevention
Everyday individuals are faced with the question of whether they should file bankruptcy or just allow their home to be foreclosed on. This is a decision that should not be made lightly. You should know the pros and cons of each decision. What is Foreclosure? In California, a foreclosure can occur when the mortgage lender [...]
Foreclosure, Deed in Lieu, Short Sale – Which is Better?
Posted on 04. Jul, 2011 by Scott Schang in Buy Again
One of the topics I am passionate about is helping home owners understand that there is light at the end of the tunnel, you CAN buy again after losing a home. Today’s real estate market is primarily the result of greed and mis-information. This article isn’t meant to be a rant about what went wrong, [...]
Facing Foreclosure – Should I Short Sale or File Bankruptcy?
Posted on 13. Jun, 2011 by Attorney Chirnese Liverpool in Consumer Protection, Foreclosure Prevention
NOTE: This article was originally posted on Chirnese’s blog and republished here with her permission. Due to the state of the economy – individuals are being faced with this question everyday. Should they just let their home be foreclosed? Should they short sale? should they file for bankruptcy? Not everyone’s situation is a clean cut [...]
Helping Elizabeth Lobato – We are all family now
Posted on 23. May, 2011 by Scott Schang in Community
One of the greatest and unexpected benefits of creating the Homeownership University community is the opportunity I have had to get to know so many of the folks that visit the site. I mean, I knew I could help people by sharing what I know about my line of work, but I never could have [...]
Superstar Agent Karen Ulloa talks about “Buy Again”
Posted on 09. May, 2011 by Scott Schang in Agent Interviews
John Evans and Karen Ulloa make an amazing home buying team! In this video, we listen in on John and Karen talking about recent home buyer success story. I love this success story because of the journey this family went on to once again become home owners only 3 years after a foreclosure, and using [...]
Buy Again After Bankruptcy Short Sale or Foreclosure?
Posted on 02. Feb, 2011 by Scott Schang in Buy Again, Home Buyers
“When Can I buy again after a Bankruptcy, short sale or foreclosure?” I get this question all the time and I finally got smart and decided to post it here for everyone. These guidelines have changed quite a bit over the past three years (becoming more strict) and are accurate as of the date of [...]
Wells Fargo Loan Modification Deal for California Homeowners
Posted on 23. Dec, 2010 by Scott Schang in Home Owners, Loan Modification
A Wells Fargo loan modification deal has been reached to help thousands in California. After they acquired two of the most notorious “pick-a-pay” lenders, World Savings and Wachovia, Wells was left holding thousands and thousands of these negative amortization, pick-a-pay loans that turned out to be the most toxic of all the sub-prime loans. Pick-a-pay [...]
Foreclosures : Statistics, Not Politics
Posted on 16. Jan, 2010 by Christopher "Doc" Apodaca in Consumer Protection
The San Jose Mercury News reports that foreclosures in Silicon Valley were down in December, but don’t take this as a sign of things to come. This is not the market adjusting itself and everything being “hunky dory”. If anything, it’s a delay of the inevitable. The decrease of foreclosures as compared to 2008 (which [...]
Governor Schwarzenegger Signs Mortgage Protection Legislation
Posted on 19. Oct, 2009 by Scott Schang in Consumer Protection
PRESS RELEASE: 10/12/2009 GAAS:615:09 FOR IMMEDIATE RELEASE (This is a reprint of a press release by the Office of the Governor – You can find the original press release here) To help prevent California homeowners and homebuyers from being negatively impacted by the fraudulent mortgage practices that have arisen in the aftermath of the national foreclosure crisis, [...]
Questions? 1-877-823-9250
Chat Live or eMail Offline Now
Recent Comments Questions and Answers