If you have missed mortgage payments or it looks like that may happen soon, you probably have learned your options include:
Modification of loan and other relief available through Federal and State programs;
Short sale; or
But you may not understand how these options fit your situation and you may not have considered these questions:
Will I owe the bank after a short sale or foreclosure?
How will this impact my credit history?
What are the tax implications?
I offer a consultation that answers these questions, helps you understand your options and helps you develop a clear and practical plan to minimize your liability.
The consultation consists of:
1. My staff leading you through a 5 to 10 minute telephone intake process to obtain basic information about your situation, so I can to start formulating my advice.
2. Obtaining from a title company and review applicable deeds and deeds of trust.
3. You and I meet (typically about an1 hour) to:
a. learn the facts and circumstances unique to your situation; and
b. give you legal recommendations and advice to develop a plan of action.
4. After the meeting, I send you (within 3 to 5 days) a detailed letter that shows my recommendations and your options.
I encourage my clients to use this letter as a tool to guide them through the process. I encourage clients to share this letter with the other professionals (real estate agents and CPAs) assisting them in the process.
Flat Fee for Consult: $400 payable by check or cash at the consult meeting.
If you are interested, please contact my office at (530) 668-1515.Usually, a meeting is set within 3 to 5 business days