Can I Sell My House in Foreclosure in Southern California?

Do you have a Southern California California house that’s in foreclosure right now? Many people going through the California foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell your property prior to foreclosure. Generally, the sooner you start, the better.

Can I Sell My House in Foreclosure in Southern California? – How it works

There are a lot of folks in Southern California who have faced foreclosure in the past few years. Since the changes in the economy, a lot of banks have been shifting the way that they deal with foreclosures.
Remember, the bank that carries your mortgage doesn’t want to see your home abandoned or auctioned. The bank stands to make the most amount of money by helping you to avoid foreclosure by selling your property. However, dealing with banks during any part of the foreclosure process can be a huge pain. Over many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.

Working With Banks During The Foreclosure Process

  1. Always over-communicate with the bank (but don’t be annoying). Call with updates and show them what you’re doing to get your property sold.
  2. Don’t miss deadlines. If anything will be late, call with advance notice.
  3. Remember that bankers are people too. Don’t be overly dramatic, but explaining your situation and demonstrating your willingness to fix the problems to make it right goes a long way.
  4. Start keeping careful records of every conversation you have with the bank. Nothing counts unless it is in writing. Make sure to keep track of each person you speak with, what they said, and any promises made.
  5. Explore all your options, including short sale, loan modifications, and bankruptcy. Depending on the details of your personal situation, you may be able to dramatically slow down the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure.
  6. Don’t wait. Unfortunately, time is not on your side. The further behind you become on payments, the fewer options are available to you.

If you’re looking to sell your Southern California house in foreclosure fast, call us now.

We specialize in helping homeowners in situations including foreclosure around Southern California and the whole state of California get out of difficult situations and avoid foreclosure. In certain circumstances, we can negotiate directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your property with cash.

If you need to sell a property near Southern California, we can help you.

We buy properties like yours from people who need to sell fast.

Give us a call at (951) 200-4156 anytime
or fill out the form over here today! >>

About iwsprop25

Mr. Val Falcon is a former US Marine, recognized with multiple awards for outstanding leadership and drive. He has traveled to various Countries around the world serving our Country and learned that the only failure is quitting. After exiting the Marine Corp with an Honorable Discharge he worked 24 years in Law Enforcement. He was then hired by a Fortune 500 Company conducting investigations in Risk Management. Mr. Falcon then began investing in real-estate and works hard to help homeowners and others solve their Real Estate challenges. He will buy properties and offer various solutions so they can move forward in these tough economic times.

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