El Dorado Hills Foreclosure Expert

El Dorado Hills Foreclosure Expert

Trust Callie to be your Forclosure Real Estate Agent in El Dorado Hills

Facing foreclosure in El Dorado Hills? This can be a stressful and scary time, but you do not need to face it alone. With an expert advocate on your side, you can get what you need to out of the negotiations, get out of a bad financial situation, and move on with your life. You need to talk to an El Dorado Hills foreclosure expert. At Callie Homes Real Estate Agent, we are Certified Distressed Property Experts and can help you navigate the options of foreclosure or short sales in El Dorado Hills.

 

What is a certified distressed property expert?

A certified distressed property expert is a real estate agent who has completed training in distressed properties and can therefore help you through these decisions at this important time. It is never easy to be upside down in a loan, and it can be extremely upsetting to find out that you owe more money on your home than it is worth. The choices you make at this time can affect your credit score and your future finances, so you want to make sure you get expert help from someone who knows the business. At Callie Homes Real Estate agent, we can help you. Trust us to guide you through your options at this point and help you understand your situation and what solutions are available to you.

What is foreclosure?

Foreclosure happens when you simply stop paying on your mortgage. The bank will take back the house and sell it to make up the lost money it loaned. You will take a hit on your credit score and it may be harder to get a loan in the future to buy another home. However, you will not have to continue paying more than your home is worth, and you can get out from under a level of debt that can be crippling. Foreclosure often happens because of adjustable rate mortgages (ARMs), in which you agreed to pay a certain monthly rate when you bought the home but after a few years that monthly payment increased significantly. Many people in this situation find that they can no longer afford payments on their homes. Other people face foreclosure because of changes in job status, or because of other life emergencies such as medical problems that put you in unexpected debt. If you have stopped paying on your home or are not making your full monthly payments and are facing foreclosure, a foreclosure expert can help buy you time or help you negotiate a short sale. Contact Callie Homes Real Estate Agent for a leading El Dorado Hills foreclosure expert and find out how we can help you in your individual situation.

What is a short sale?

A short sale is generally done when a homeowner owes more on the home than it is actually worth and is facing foreclosure. With the help of a foreclosure expert such as Callie Homes Real Estate, you can negotiate a short sale instead of being foreclosed upon. The house is sold for its market value, which is less than the loan that is currently out on the house, and the remainder of your debt is forgiven. You are able to walk away from the house and move on with your life. Your credit score will likely take a hit, but it is much better for your financial situation in the long run than going through with foreclosure. If you are facing foreclosure and are contemplating a short sale, contact Callie Homes Real Estate Agent today! We will walk you through every step of the process and help you out.

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