January, 2012 | Bay Area Short Sale Angels | Maxwell Park

Using Bankruptcy To Put Off A Trustee Sale Date

Hi, this is Kerri from the Bay Area Short Sale Angels, the :k1:'s number one short sale team. A lot of people have asked us recently about using bankruptcy as a way to put off a trustee sale date as well as to live in their home for the maximum amount of time mortgage free. People all over the internet are making claims that this actually works, however these claims are extremely exaggerated. Bankruptcy can put off the trustee sale date right before your home is supposed to be foreclosed on, and that's because it puts everything on hold. It does cost you money, however, because you have to pay an attorney to file the bankruptcy. The fees will vary depending on your attorney and the services they charge you for. I'm warning you now, though, be careful and do not hire a paralegal or use any other scam that you may see…

Great News!!

Hi, this is Kerri from the Bay Area Short Sale Angels, :k1:'s number one short sale team. I am here with some great news. The numbers are in and last year we were able to successfully help 44 families, individuals, people avoid foreclosure. I feel like that's a huge success. Our team is on track to double or triple that number this year. You guys can help me with that of course. In addition to that, I'm sure that I met and consulted with another 20 to 30 people who decided that loan modification was the right avenue for them in order to avoid foreclosure. They also decided on a different route such as bankruptcy. So the numbers are actually higher than 44, people, families, or individuals that we helped avoid foreclosure last year. As far as what's on the books and the numbers that we have gotten for our year end totals,…

How Do You Find Out if Your House Will be Foreclosed on?

Hi, this is Kerri from the Bay Area Short Sale Angels. We are :k1:'s number one short sale team. So how do we find out if your house is going to be foreclosed on? Well if you're the owner, hopefully your bank sent you something in the mail. So for those of you who have stopped reading your mail because it's too depressing, you might want to go back through it and see if you've received something called a notice of default. From the time of the notice of default, you usually have 90 days until the house is foreclosed on. If you're a tenant, it is public record so you can go down to the county and find out, or you can find a real estate agent that you know and trust and hopefully they have a subscription to a website called foreclosureradar.com. You can actually get a subscription yourself. ForeclosureRadar takes…