If you’ve missed mortgage payments, you might dread every phone call and every envelope. You’re not alone, and you may have more time and more choices than it feels like right now.
Most California foreclosures happen outside of court. The process generally starts when the lender records a Notice of Default. After a waiting period of at least three months, the lender can record a Notice of Trustee’s Sale, which sets an auction date, usually a few weeks out. Timelines vary, and lenders may be required to review alternatives with you before moving forward. The earlier you act, the more options you keep.
Foreclosure can carry legal, credit and tax consequences. We recommend speaking with a real estate attorney or tax professional about your situation, and with a housing counselor about your lender options.
Speed matters when a sale date is on the calendar. We buy as-is, so you don’t spend money you don’t have on repairs or cleaning. You pay no agent commissions, and we cover closing costs. You pick a move-out date that works for your family. And we won’t rush you. We listen first and lay out every option, including the ones that don’t involve us.
Not necessarily. Many homeowners sell before the auction date. The sooner you call, the more room we have to work.
At closing, the sale proceeds go toward paying off your loan. If the home is worth more than you owe, the remaining equity goes to you. If you owe more than it’s worth, we’ll talk through other paths, such as a short sale.
Avoiding a completed foreclosure may help limit the damage, but missed payments can still show up on your report. A housing counselor or credit professional can explain how it applies to you.
Don’t wait for the auction date. Call Christian today at (916) 244-0904 or email aspirehomesolutionsca@gmail.com for a confidential, no-pressure conversation about your options.
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