Realpro Consultants are a group of professional men and women, both brokers and REALTOR Associates.
Each one of our professional have been chosen because of their commitment to excellence, experience and dedication to providing the best possible services to both buyers and sellers.To meet all our team of professionals and to view their listings.
REALPRO and it's subsiduaries, REALPRO NETWORK and REALPROREO, are dedicated to helping home-owners and financial institutions resolve the difficulies that foreclosures can bring about.
Foreclosure Foreclosure is the means in which a Lending institution can repossess your home when payments are not made. The Mortgage Company legally can begin foreclosure proceedings once you have missed your payment by 1 day… they won’t do that but they can. They typically do not begin the official foreclosure proceedings until you are 3-4 months past due. They will threaten you with foreclosure but it is not until they actually hire an attorney and file the foreclosure paperwork in the court system that you are officially in foreclosure. The entire Foreclosure process can take at little as 21 days and as long as a year. This duration will depend on your State’s Foreclosure laws and we encourage you to take the time and check them out.
Once you are 30 days past due on your payments the Mortgage Company usually will not accept the past due payment without the one that is currently due. An example is; if your typical payments are $1000/mo. and you are 45 days past due, they will want you to pay the $1000 payment that is past due along with the $1000 payment currently due… or $2000. They usually will not accept anything less and will send back partial payments. In other words after you get behind it starts snowballing and it is very hard to get caught up. If you are many months past due you can see how the task of getting caught up can be overwhelming.
Please understand that it is in the best interest of the Mortgage Company to get you back making regular payments and to not Foreclose, because that is how they make their money. They usually will try and work something out to Stop the Foreclosure and get you making payments again. In most instances the workout they propose to Stop the Foreclosure is something that you either can’t afford or it will put you right back in this same position within a short time. That is where we or a HUD approved non profit housing counseling agency can help.
First, is the REALPRO NETWORK, which is dedicated to helping homeowners who have fallen behind on their mortgage payments. Any homeowner who is either in the position to miss a loan payment or who has already missed their mortgage payment, in Southern California, can contact or call (951) 686-7000 for assistance. This service is FREE.
Before you call, you should know what some of your options are with your lender. Note that not all lenders are willing to do some of the available options Also before a lender is contacted it is a good idea to know what is on your credit report. The federal government, a few years back, mandated that every person is entitle to a FREE credit report from each of the three main reporting bureaus. Click the link to learn about and obtain your free reports .
We will help you to work with your lender to come to a satisfactory solution, if possible. But, before we can do this you need to be made aware of the scams that are proliferating and are catching the homeowners unaware. It is extremely important that you know about these scams and about "foreclosure consultants". Begin by Clicking Here .
Realpro Consultants are a group of professional men and women, both brokers and REALTOR Associates.