LRG Articles & Blog

INSIGHTS TO HELP YOU MAKE DECISIONS

Short Sale or Forbearance Loan Modification California Home
Foreclosure Avoidance

California Homeowners Facing Foreclosure when Forbearance Ends

When the national forbearance programs end, there will be more than 3 million homeowners facing a mountain of delinquent payments, according to a recent report from Redfin. A significant portion of those homeowners will be over-leveraged or in such financial despair that they could lose their homes to foreclosure.

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Foreclosure Alternative Homeowner
Foreclosure Avoidance

FORECLOSURE ALTERNATIVES

Whether you are trying to remain in your home long term or you are simply looking to walk away without liability, there are a number of options and alternatives available to you.

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Short Sale
Foreclosure Avoidance

WHAT EXACTLY IS A SHORT SALE?

Short Sales have become the most popular and most successful alternative to foreclosure. A short sale allows the homeowner to sell their property and avoid the negative aspects and damage to their credit of foreclosure and eviction.

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Forbearance Loan Modification
Foreclosure Avoidance

Exiting Mortgage Forbearance Safely

Mortgage Forbearance Provided Temporary Relief, But What Happens Next?

For most California homeowners impacted by Covid-19, a mortgage forbearance was an excellent option to alleviate the immediate financial hardship. BUT…

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