Anti-Deficiency Protection for San Diego Refinance Loans

  Anti-Deficiency Protection for San Diego Refinance Loans   San Diego homeowners who default on their refinance loans are protected against personal liability for any deficiency following a San Diego foreclosure. Under existing anti-deficiency law, a San Diego borrower is protected from personal liability for a purchase money loan secured by an owner-occupied property with…

Short Sale vs. Foreclosure

Short Sale vs. Foreclosure

There’s a lot of confusion in the media on whether a short sale is truly better for a homeowner than a foreclosure. To find the answers, let’s take a closer look at Short Sale vs. Foreclosure.   Short Sale vs. Foreclosure   Let’s establish Five Criteria for Comparison of Short Sale vs. Foreclosure: The ability…

Foreclosure sign

Foreclosure Scams

  Foreclosure Scams Affecting San Diego Homeowners   As if things haven’t been challenging enough for San Diego homeowners … According to the U.S Treasury Department’s Financial Crimes Enforcement Network (FinCEN), even as the total number of reports of mortgage loan fraud declined, reports of suspicious activity regarding foreclosure rescue scams continued to grow. I…

What is HAFA?

What is HAFA?

  What In the World Is HAFA?   Have you heard about HAFA? It seems like everyone who’s talking about real estate today is talking about HAFA. But what is it? First, let’s lay some ground work. Right now, more than 1 in 7 mortgages is currently not being paid. So, take your neighborhood, your…