San Clemente, Orange County, Ca Foreclosure and Short Sale Information and Assistance
How To Stop The Foreclosure Process
Effects Of Foreclosure
Typical Foreclosure Timelines
Ca Foreclosure Action Timeline Chart
Foreclosure/Short Sale Process
Avoid Foreclosure: Get Short Sale help
What Is A Short Sale?
Short Sale vs. Foreclosure
The Short Sale Process: Short Sale Assistance
Qualifying Process for a Short Sale
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Learn About Short Sales: Prevent Foreclosure
Frequently Asked Questions
Glossary Of Terms
What The First Step In The Short Sale Process
Qualifying for a Short Sale and Avoiding Foreclosure
Home Evaluation
Getting Started
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Effects of Foreclosure 

These days more homeowners are facing a tough decision about whether foreclosing is the only option they have left. Deciding to foreclose on your home will have implications on your family and your credit for the rest of your life.

When a homeowner can no longer make payments to a lender for a home, the lender may repossess a home in the process of foreclosure, usually with the purpose of reselling it, to recover the amount owed on the defaulted home. Homeowners facing foreclosure proceedings will face lasting implications.

Get Started Now -- Click Here To Learn About How To Avoid The Foreclosure Process!

A few of the effects of foreclosure are:

1) Your credit scores will be significantly lowered, sometimes by more than 300 points. This is the single most devastating mark on your credit report and will affect all of your future credit possibilities.

2) A foreclosure listed on a credit report is nearly impossible to have repaired and will most likely remain a permanent mark on this valuable personal report.

3) Any future application for a mortgage you apply for will require you to reveal a previous foreclosure, greatly affecting your mortgage rates.

4) Most employers will also conduct a credit check. With a huge drop in your credit score due to a foreclosure, this may also hinder your future employment opportunities. This is especially true of many government positions, including military and law enforcement agencies.

5) If your current employer runs a credit check, then a foreclosure may even put your current position in jeopardy.

6) In order to recuperate money they did not receive during a bank sale of the property, a lender may seek a deficiency judgment against you to obtain the balance.

7) Depending on your state law, you may be responsible for deficiencies after the foreclosure for an undetermined time period, placing you in a prolonged cycle of continued collections.

8) Your family will have to relocate. This is always a disturbance for children, marriages, careers, and other important aspects of your life.

A short sale process may be the better way out.  Click here now to see if you qualify.

The Hartanov Team
Prudential California Realty
Drew Hartanov - Lic 01141991
209 Avenida Del Mar, Suite 104
San Clemente, CA 92672



Certified Short Sale & Foreclosure Resource specialists helping qualified homeowners in distress. A free Short Sale service to avoid condo or home foreclosure. Our short sale team offers assistance with San Clemente short sales, Talega short sales, Dana Point short sales, Ladera Ranch short sales, Mission Viejo short sales, San Juan Capistrano short sales, Aliso Viejo short sales, Laguna Niguel short sales, Laguna Hills short sales, Laguna Beach short sales, Capistrano Beach short sales, Monarch Beach short sales, Rancho Santa Margarita short sales, Dove Canyon short sales, Coto De Caza short sales, Lake Forest short sales, Foothill Ranch, short sales, Las Flores short sales, Trabuco Canyon short sales, Irvine short sales, Costa Mesa short sales and short sales in all Orange County California real estate markets. 


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Disclaimer: The information provided on this website should not be constituted as legal advice. The content is intended to provide general information about the short sale and foreclosure processes, and should not be acted upon without the counsel of a qualified REALTOR®, attorney, and tax expert.

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