Avoid Forclosure!  There are choices for you to examine if forclosure is looking like it is in the future for you.  Does it look dreadfully real to you?

There are things you can do.  If you are one month behind in your mortgage payments you might be a good candidate for a short sale!  There are deffinate advantages to a short sale verses a foreclosure!  Do not allow a foreclosure to happen!  There could be some grave consequences for you if there is a forclosure on your credit report.  It will show up on that credit report and stay there destroying your credit for 7 to 10 years.  It could mean some pretty heafty tax consequences, it could also cost you dearly if the lender goes to court and  gets a judgement against you for the remainder owing after the foreclosure takes place!

We are experts in short sales and Loan Modification.  We have well over 20 years of experience in this field and can offer some valuable advice and help for you to consider.  There are options!  Make an appointment today and come in for a FREE counceltation.  We will look over your personal situation and give you the facts that will help you come to a solution.  Don't know what to do?  The first step is to call us immediatly.  We can help! 

                                                                          Call or email now!    

                                                                        Bernie:  949-294-1147

                                                                        Michelle:  949-697-1143

                                                                      bernie@bernieryerson.com

What is a Short Sale?

A short sale exists when a property is sold for less than the amount owed on the note.  It is necessary for the lender to approve this action.

We are experts in negotiating with the lender about allowing a short sale and accepting the present offer on the property.  There must be a ready buyer with an offer for the short sale to be approved.  We have the expertise to make this happen.  You are not responsible for the remaining balance.  It is forgiven by the lender which saves your credit.  It does not show on your credit report as money owed.

What is Loan Modification?

A Loan Modificationis a change in one or more of the terms of the loan. These changs could be a lower interest rate or a lower balance, an extension of the loan.  Which ever method is chosen it results in a lower payment, one that is more affordable for the borrower.

We are experienced at negotiating with the lender to get an approval for a Loan Modification.  We can be a tremendous help to you in this process.  Call us today.  We will council with you to see if a Loan Modification might be the best solution for you.