Foreclosure Loss Mitigation
You’ve come to the right place!

What is Loss Mitigation?

Lenders don't want to take back homes; foreclose them. If they do the loan becomes a negatively producing asset for them; they are not getting the interest on the principal they loaned you. Making the interest is their goal. They need to -- Mitigate: make something bad, less severe or serious; lessen the seriousness of or blame attached to your default action; which is a potential Loss.

When you decide to recapture control of your home mortgage in San Bernardino, Riverside, Los Angeles, surrounding and extended counties, your search for a Foreclosure Loss Mitigation Solution should end here. 

In the first quarter of 2007, mortgage lenders sent out 46,760 default notices to California homeowners -- the highest level in a decade -- according to DataQuick Information systems.

California is now 2nd in the nation for foreclosures. With so many properties in default in the greater Los Angeles area, and nationally, there is a strong demand for Loss Mitigation Firms, you need to choose one with the experience needed and a track record of success.

Homeowners in need?

Unfortunately, notices of default often can work as a beacon to scam artists and predatory lenders offering fraudulent rescue loans, phony credit counseling and other shams.

We are licensed real estate professionals, not scam artists, we don't want to buy your home for penny on the dollar. We want you to help you "Fix" your loan so you can keep your home, if you can afford it. If you can't afford it, we work with your lender to help you at least retain what equity you do have in your home, if any or at least help you to preserve your credit so that you can purchase another home in a few years. 

If you sell or are able to refinance into an FHA Secure loan and are “negative equity” (upside down) you may fall under the Mortgage Forgiveness Debt Relief Act of 2007.