PCC Real Estate Solutions

This article is warning everyone not to way to the last minute to resolve your situations. We are your bridge. https://www.forbes.com//the-serious-disconnect-between-a-/

https://www.cnn.com//housing-insecurity-rent-re/index.html So many people either don't call their own lender or are too ashamed to seek out help from friends or family. We've helped hundreds of people understand their situations and the options they have. If anyone needs help on what to do or what options they have they can always call us! #dontdelay

More grace given on FHA loans: Offer homeowners with FHA-insured mortgages mortgage payment forbearance when the homeowner requests it, with the option to extend the forbearance for up to a year in total. FHA does not require a lump sum payment at the end of the forbearance period. A COVID-19 National Emergency Standalone Partial Claim puts all suspended mortgage payment amounts owed into a junior lien, which is only repaid when the homeowner sells the home, refinances the mortgage, or the mortgage is otherwise extinguished.

There is a lot of information out there for both State and Federal. Below is an article on California Governors Executive Order issued 3/16/2020 The order requests banks and other financial institutions to halt foreclosures and related evictions during this time period. ‘Requests’ is the most important part for borrowers in default. Some banks will continue until it becomes mandated. ... We will continue to monitor how this affects borrowers facing foreclosure and what will be all their options

We hope you enjoy your day with family and friends...

Trustee should give you extra money from foreclosure sale.

If it can happen to a Hall of Famer, it can happen to you. Don't let it! Contact us, we'll get you back on the right track...

Chatsworth 3Bd 3Bth coming soon...

From all of us at PCC, as this year closes, we wish you the best for next year!

This is why you need to talk to us.

We love when we get these text messages.... I really appreciate your patience and help. I've been going through so many people every single day and you have been the most patient helpful and nicest to deal with

Reporting Foreclosure Income: Taxable income resulting from forgiven mortgage debt and any cash-out refinances or HELOCs has to be declared in the year in which the foreclosure occurred. IRS taxation waivers of forgiven mortgage debt apply only to principal residences. However, money taken from a cash-out refinance or HELOC that's applied to home renovation or improvement is often tax-exempt after foreclosure. Also, ensure the federal income reporting document (Form 1099) your mortgage lender gives you after your foreclosure is accurate.

Liar Loans are back... https://www.cnbc.com//thousands-line-up-for-zero-down-paym