Is your answer YES to any of these questions?
Millions of homeowners have found themselves in your situation, often through no fault of their own. The economic downturn has led to many homeowners being "under water" in their loans, meaning they owe more than their home is worth, making it impossible to refinance.
If you've become one of those millions, don't panic. Foreclosure, and its accompanying effect on your credit, is not inevitable. There are many options out there, and your circumstances may make one of those options feasible and desirable for you.
To keep your options alive, you need to communicate with your lender. Many homeowners have lost their homes to foreclosure without ever contacting their lender.
Many lenders would rather not foreclose. They take a large financial hit on a foreclosure. So in many cases, they'll consider viable alternatives. Some of these alternatives may keep you in your home.
An experienced Ascent Real Estate REALTOR® can help guide you through the process and act as a liaison between all the parties involved.
Christine is a unique realtor in San Diego CA, combining the skills of a real estate professional and an interior designerChristine Diveley is a Francophone realtor who brings integrity, professionalism and excellent service to every transaction. In 2012, 2013 and 2014 she was the recipient of the FIVE STAR Real Estate Agent award for customer satisfaction. She is part of an elite group of Realtors that comprises the top 3 percent of the licensed agents in the San Diego area.
Member of National Association of Realtor (NAR)
Member of California Association of Realtors (CAR)
Member of San Diego Association of Realtors (SDAR)
Allied Member of American Society of Interior Designers (ASID)