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IN FORECLOSURE? STOP IT WITHOUT FILING BANKRUPTCY (California)
license info:
DRE 01117664, NMLS 1825863
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IF YOU HAVE RECEIVED A NOTICE OF TRUSTEE SALE, CONTACT ME NOW! IF YOU DON'T REACH ME OR IT IS AFTER HOURS, TEXT ME!
I CAN ONLY ACT ON YOUR BEHALF TO GET THE TRUSTEE SALE (AUCTION DATE) POSTPONED IF YOU CONTACT ME AT LEAST SEVEN (7) BUSINESS DAYS PRIOR TO THE TRUSTEE SALE (AUCTION SALE DATE). I CAN USUALLY GET THE DATE POSTPONED FOR 45 DAYS. THIS WILL GIVE US TIME TO WORK ON OPTIONS TO SAVE YOUR HOME FROM FORECLOSURE.
Full Disclosure – I am not an attorney. I am a real estate broker, licensed by the California Department of Real Estate. I have an endorsement on my license that allows me to broker mortgage loans. I am also a real estate investor and I have been purchasing properties here in California and other states, since 2006.
I have helped many homeowners to stop their foreclosure so they could keep their property or to sell it to avoid foreclosure. In some instances, homeowners have been able to stay in the property after closing and rent it back. This is on a case-by-case basis.
Homeowners sometimes ask me if I recommend filing bankruptcy to stop the foreclosure. I never suggest filing bankruptcy simply to avoid foreclosure if there is another solution. Having said this, in some instances this technique is used to stop a pending trustee sale (auction sale). Please contact a bankruptcy attorney.
This is what I can do to help:
1. If your goal is to keep the property, I can submit a loan request for you to one of my private lenders who do foreclosure loans.
This loan is used to pay the back payments needed to bring the loan current or to pay off the loan in full. If you have a 2nd or 3rd loan, these may be paid off as well provided there is enough equity.
In addition, you can ask for cash at closing if you have enough equity.
There is no cost to apply for the loan. The property must qualify, not the owner, so low FICO scores don't matter. There is no appraisal required. No income documents, bank statements or tax returns are required.
Currently in probate is ok as long as you have authority to act for the estate.
Currently in bankruptcy is ok as long as it is dismissed prior to closing the loan.
Property listed for sale is ok. You can close our loan to catch up arrears then continue to sell the property.
2. If your goal is to sell the property, I can make you an offer to purchase the property.
To determine the best solution for you, whether it's a loan or to sell the property, I will need your current principal loan balance plus back payments owed. Please have your most recent mortgage statement with you when you call. If we start processing anything for you, I will need this.
Call, text or email anytime! I respond on weekends.
Cheryl Gollnick
(951) 318-6420
Real Estate Broker
Mortgage Broker
RE Capital Loans