Zombie Foreclosures – an Endless Nightmare

Are you still liable for the house you lost through foreclosure? Are bills for water, sewer, HOA dues and property taxes accruing right now – in your name? Is the City preparing to sue you for letting the yard become overgrown and littered? If yours was a zombie foreclosure, the answer is yes. Zombie Foreclosures are one...

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Is a Deed-in-lieu safer or better than allowing a foreclosure?

Is a deed-in-lieu better than a foreclosure? In a word, no. So what’s the difference? In terms of your credit, there is no difference between a deed-in-lieu and a foreclosure. A deed-in-lieu merely saves the lender from spending the time and money to go through the foreclosure process. The only difference to you is that...

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Are the Banks Negligent, Indifferent, or Inefficient?

Whatever they are, their actions all too often spell financial loss for San Diego homeowners. Here are 3 ways that loan servicers and asset managers are keeping some San Diego homeowners in distress. 1. Asset managers routinely delay their response to short sale requests. Most San Diego home buyers want a “yes or no” answer...

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