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Stop Foreclosure

                                                       Foreclosure Fact Sheet





A large number of homeowners throughout the nation have become victims of this unprecedented downturn in our real estate market. As such, many homeowners are being forced to foreclose on homes that they worked so hard to purchase. For Corporate America Investments Group, and also for your lender, foreclosure is always a last resort. No one profits from foreclosure. Your lender will only foreclose on your property when all attempts to contact you or to work out an alternative payment plan, have failed. This process usually takes several months. 

Our goal is to do all we can to help you stay in your home. We have been having tremendous success helping people sell their homes via the short sale process. We will show you exactly how the process works, and how we have been able to help others in similar situations.  You are not alone. We can work together to develop a solution for you and protect your credit worthiness for the near future.  And it is important to note that in a short sale process, our fees are paid by your lender. This is good news for someone who is already experiencing a financial hardship.

What is Foreclosure?

Foreclosure is when the lender takes possession of a property because the borrower is not making loan payments.

The Lender
For the lender, foreclosure results in the loss of tens of thousands of dollars, sometimes as much as 40 percent of the loan principal or home value.

The Borrower
Not only does the borrower have to relocate from their home, foreclosure also results in long-term damage to the borrower’s credit rating. Even when the borrower recovers from their financial difficulties, a foreclosure can make it difficult to obtain a loan for a future home purchase, for college expenses or to even get approved for a credit card. Furthermore, if the borrower is fortunate enough to obtain credit, they will likely have to pay higher interest rates.

Avoiding Foreclosure

Stay In Touch
One of the main reasons foreclosures happen is because borrowers do not take the opportunity to work something out with their lender. When facing financial difficulties, many people just stop communicating. They don’t return phone calls or  don't answer their mail. Basically, they go into a state of denial or experience a feeling of hopelessness and just plain give up. This essentially guarantees that the borrower will lose their home.

Instead, borrowers should contact their lender as soon as they know they’re going to have difficulty making their payments. Don't ignore the problem. The further behind a borrower becomes, the more difficult it will be to reinstate the loan and the more likely loss of your home is eminent. If a borrower is willing to work with their lender, the lender may be open to different option plans. So if you receive a call about a past due mortgage, it is in your best interest to take the call and start down the path to resolving the problem.

Corporate America Investments Group, has a highly experienced team dedicated to helping borrowers who are past due or who are facing foreclosure. Our team is knowledgeable and empowered to make decisions to work out loan problems.

Frequently Asked Questions

1. What is a Foreclosure? 
 Foreclosure is when the lender takes possession of a property because the borrower is unable to make their loan payments. In a foreclosure, the borrower is required to move out of the property once the foreclosure sale is complete.

2. Why would the lender foreclose on my home?
Although lenders almost always lose money on a foreclosure, Corporate America Investments Group will work with your lender to minimize the loss. Foreclosure only happens when the borrower is repeatedly unable to make payments or just stops making payments altogether.

3. What can I do if I receive a foreclosure notice or if I am already in foreclosure?
Time is of the essence. Contact Elton Behrens of Corporate America Investments Group. Even if you feel you do not have any resources or the ability to repay your loan, we may be able to help you work something out to save your home or, at the very least, minimize the negative impact to your credit. Doing nothing guarantees the worst possible outcome-foreclosure and damaged credit.

4. Can I sell my home if the foreclosure has already started or if I owe more than what my home is worth?
Yes, but you need to coordinate this with the Corporate America Investments Team before the foreclosure sale is completed. You'll also need to list your property with our company and begin the short sale process.

5. What will a foreclosure notice do to my credit rating?
Foreclosures are extremely damaging to your credit and may stay on your credit report for as long as seven years. A foreclosure can make it difficult to get a loan for a future home purchase, for college expenses or to even get approved for a credit card. If the borrower is able to obtain credit, the interest rates will likely be higher. Even if you're already facing foreclosure, there still may be options to minimize the damage to your credit. Contact us to find out more!



Elton Behrens (PB)  GRI  CRS  CSP  CDPE