If you own distressed Newport Beach or Orange County property, some alternatives to foreclosure might include lender repayment plan, forbearance agreement, loan modification, SHORT SALE, deed to lienholder in lieu of foreclosure, or bankruptcy.
157 Newport Beach homes are now scheduled for trustee auctions sales after foreclosure at some time during the next 6 weeks. 120 other Newport Beach properties are in distress where notice of defaults have been recorded.
Newport Beach foreclosures – Upward trend with notice of default filings increased more than 37% from last year, and notice of sale notices up 22% from same time May 2010.
If you are a home or property owner in financial distress or facing FORECLOSURE at Newport Beach or Orange County, you should hire a REALTOR® now and as soon as possible to help you with a short sale.
Information source is ForeclosureRadar.com
Harrison K. Long – solutions for real estate and business – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com(email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs®