Our mailing Address is 1121 W Valley Blvd, Ste I-319, Tehachapi CA 93561. Make sure you note the address at which we will meet you for your appointment.
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Mailing Address is 1121 W Valley Blvd, Ste I-319, Tehachapi CA 93561. Make sure you note the address at which we will meet you for your appointment.
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Why Might Short Sales Stabilize the Real Estate Market?

Find out why foreclosure may not be your best choiceI hear from lots of prospective buyers that want to get a list of Tehachapi foreclosed properties so they can look for the “best deal.”  The truth is a foreclosed property may not be the best deal whether you are the occupant of the foreclosed home, or the prospective purchaser.

As the occupant, if you are just waiting for the foreclosure to go through, you’re not really doing yourself, or your neighbors, any service at all.  I understand that the entire situation is distressing and stressful.  You probably already went through one or more attempts at a loan modification.  I’m sure you’ve had plenty of offers of “help” that didn’t seem very helpful.  Regardless of what your history has been, it’s pretty much never a good idea to stand by and let the lender foreclose.

As the seller, you can salvage the shreds of your credit rating by taking action.  In addition to stopping the free-fall on your credit rating, you’ll be able to hold your head up and move on with your life.  How do you do that?  Consider a short sale as an alternative to passively waiting for foreclosure.

Why is this good for your neighbors?  A foreclosed home typically sits vacant for extended periods of time while the lender is readying it for sale.  During that time, squatters may move in, but whether they do or not, the property continues to deteriorate while it sits there waiting.  This means that the value is going down while it sits too.  This spiral is contributing to the issues we face today with market values dropping because when these distressed properties finally do sell, they are the comps (comparable properties) that are being used to help value the properties for which buyers are getting loans.

Foreclosed properties typically will sell for a little bit less than non-foreclosures, but those savings come at a cost.  The costs can include both time and money.  A foreclosed property will, most often, need some work done in order to bring it up to the standard of a non-foreclosed property.  That means that it may not be the best deal when it comes to buying.

It also takes a special kind of person to look past the problems and see the beauty that can be revealed with some sweat equity.

It takes an even more special seller to take action and try to sell the house before the lender forecloses.  If you are that kind of seller, I’d be happy to talk to you about options.  Why not call today?

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Single Family Homes are a Good Investment Opportunity in Tehachapi

Investors looking for real estate opportunities may choose to look in Tehachapi. Although the foreclosures plaguing the Kern County area are unfortunate for the former homeowners, they present an opportunity for both the homeowner and for investors.

All these folks who have found themselves upside-down and unable to pay their mortgage payments still need a place to live. Their payment problem may be the result of having purchased for top-dollar at the height of the boom.

Now, market values have slipped so far that even with reduced pay they could probably have afforded to buy the same home today. Unfortunately, that doesn’t mean they can pay their 2005 era payment and so, often wind up losing the home.

In steps the savvy investor, snaps up the house in a short sale or as a foreclosure and turns it into a rental. Everybody has to live somewhere and people who have just lost their home to foreclosure will have to wait years before they can buy a home again.

Interested in discussing this great opportunity? Call, click or email through our contact page today.

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Is Foreclosure in the Future for every Tehachapi Homeowner?

Wow, have you talked to your neighbor lately?  Does the conversation seem to come back to some other friend or acquaintance that’s struggling to pay their mortgage?  Worse yet, are you the one that’s having the trouble?

As I’m sure you’ve figured out by now, homeowners that are upside-down are not in limited company anymore.  The economy is tough for everyone.  If you are one of those folks, I truly sympathize with your plight.

If you are a regular reader, you already know that there are plenty of articles on this site that to provide education about foreclosure options.  Probably the most important thing to understand is that there are options.  What they are depends on each specific situation.  Best thing to do?  Get more education.

If you or someone you know is facing foreclosure, don’t delay, click here to find out what options are available to you.  Every day that gets you closer to your auction date is a day that you are probably getting less sleep.  Do it now, while you are thinking about it.

Click here to schedule your free, no-obligation consultation and we will try to schedule you as soon as possible.  The longer you wait to contact us, the longer it will take to discover your options.

Talk soon.

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Is Walking Away from Your Mortgage Acceptable?

You hear about it happening more and more frequently — homeowners walking away from their mortgage.  Is this a good idea for Tehachapi homeowners?  This is a tough subject for most of us.  Those of “a certain age” could have been counted on to answer a resounding “No!” to that question even a few years ago.  But the times, they are a changin’.

A recent study indicates that the majority still think abandoning the debt they incurred for the house is wrong, but the split is closer than you may think.  Only 59% think it is unacceptable — that’s barely more than half.  For more info on the study results, read the article.

Now, more and more homeowners are choosing to walk away.  They are doing it for various reasons, but one I hear increasingly often is that they think it’s their only option.  The good news it that there are often other choices available.  If you know someone that might be struggling with a mortgage that is more than they can handle, click here to find out how to sort out the options.

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