Author: nategifford

Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house due to foreclosure instead of waiting out … Continued

Foreclosure and preforeclosure are often confused, but they represent distinct stages in the real estate process, each with its own set of implications for homeowners and buyers alike. Although they share some similarities, the differences between them are crucial to understand, especially if you’re navigating the property market. What is Foreclosure? becomes a legal action … Continued

The foreclosure process moves at a sluggish pace, leaving plenty of time to change course and secure a better future. Unfortunately, while foreclosure can be completely averted, many people still face long-term setbacks because they lacked crucial information about its impact and failed to take the necessary steps to stop it from happening. No matter … Continued

Are you feeling anxious that unexpected events might push your home into the foreclosure process? While the best first step is often to talk with your lender to find a solution before things get worse, understanding each stage can make the foreclosure process less overwhelming. In this guide, we’ll walk you through what homeowners in … Continued

Foreclosure rates in California are on the rise, and this reality could significantly change the way buyers and sellers interact with the local real estate market. For anyone looking to purchase or sell a home in California, understanding what higher foreclosure activity means—and how it can affect property values, inventory, and the negotiation process—is essential. … Continued

Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties are short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for a good reason. … Continued

Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued

Are you facing bankruptcy and wondering how to sell your house during bankruptcy in California? You’re not alone. When you file for bankruptcy, your home becomes part of your bankruptcy estate, which includes all your assets and property. In recent times, there has been a significant increase in bankruptcy filings. For example, in October 2022, … Continued

Facing foreclosure can be an extremely stressful experience for any California homeowner. Not only does it mean the loss of a home, but it can also have a significant impact on one’s credit score and financial future. Fortunately, there are options available for homeowners facing foreclosure, including working with direct property buyers in California. In … Continued