Facing Foreclosure?
You have options.
Having been faced with two foreclosures in my lifetime, I fully understand the stress, the sleepless nights, the confusion, and the frustration when you can't find a way forward. After becoming a real estate broker, I pursued a certification in managing the foreclosure process. I now use this knowledge to help people who are currently in the situation I was in make informed decisions and navigate the horrible foreclosure process.
If you have an auction date pending, it is important you call ASAP! There are ways to delay auctions to give us time to develop the appropriate plan for your situation.
Call or text me any time, and we can get on a call to discuss your situation and the best path forward for you.
Kenneth Jamaca | 925.413.1849
Don't try to go at it alone when you can have help and guidance!
Many people have been in the situation you are in. Whether your current situation is a result of job loss, illness, death, or some other life circumstance, you don't have to face this process alone.
Below are a few resources specifically designed to help people going through foreclosure:
California Mortgage Relief - camortgagerelief.org
The California Mortgage Relief Program has already provided millions of dollars in critical assistance to thousands of California homeowners struggling with financial hardships. This government program is free, and here to help. There is nothing to pay back.
If you’ve struggled with missed mortgage payments, late property taxes, loan deferrals, partial claims, or other homeowner financial hardships, you may qualify for assistance from the California Mortgage Relief Program.
Norcal Housing Partners - norcalhousingpartners.org
Norcal Housing Partners is working to create a more humane world where poverty is alleviated, communities are healthy, and all people can develop their full potential. We believe that affordable housing and supportive programs improve the economic status of residents, transform neighborhoods, and stabilize lives.
To create stable, vibrant, and healthy communities by developing, financing, and operating affordable, program-enriched housing for families, seniors, and people with special needs who lack the economic resources to access quality, safe housing opportunities.
Loan Modifications could also be an option.
Negotiating a mortgage loan modification requires a combination of preparation, communication, and persistence. By approaching the process with a clear understanding of your financial situation and a well-thought-out proposal, you can increase the likelihood of securing a modification that allows you to keep your home and move toward financial stability. Remember, your willingness to engage in open communication and explore viable solutions is a powerful tool in navigating this challenging but potentially beneficial process.
It may be best to sell your property before it officially forecloses.
Depending on your situation, it may be the right option to sell your property before it goes to auction. I am happy to help walk through that process, specific to your situation, and provide you with multiple options for sale; including:
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- iBuyers (Zillow Offers, Offerpad, OpenDoor, etc)
- "I buy houses, cash" Investors
- Listing on the open market
- Other options specific to your situation (Short Sale, etc)
Selling your property to avoid the foreclosure auction provides two very important benefits.
1. It preserves your credit. Your credit has likely already taken a significant hit as part of this process, but by avoiding a full foreclosure, your credit will rebound much faster.
2. It can put cash in your pocket. Properties that go through foreclosure often don't leave anything for the owner after all of the costs and fees. By selling the property before the auction, you can preserve your equity and walk away with some cash in your pocket.
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916.251.0902 MaiN
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