What should Tehachapi homeowners avoid doing if you can’t afford to pay your mortgage?

Let’s talk about some do’s before we get the don’ts. So, what are some good things to do if you are a Tehachapi homeowner and can’t afford to pay your mortgage? Find out what your options are!  You didn’t set out to be in this situation and your lender will understand that.   Many times folks that are no longer able to pay their mortgage and owe more on their house than it’s worth think their only choice is to let it go to foreclosure.…

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Why Might Short Sales Stabilize the Real Estate Market?

I 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…

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Look out for These 6 Loan Scams

We all know that times are tough and keeping your head above water when it comes to your mortgage is one of the toughest things to do nowadays.  Be careful of the providers you choose when attempting to better your mortgage situation since scams abound.  Not all scams are easy to recognize, but here’s a list of  6 that all Tehachapi home buyers  should watch out for: 1.     Any company or person who asks for a fee in advance to work with your…

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