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I obtained a 80/20 from ASC back in 2005 to 100% finance a home in california. In June 2007, the home was foreclosed on.
Arash's answer
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Answered on June 22, 2011
There are two very distinct situations that you have consider. The anti-deficiency laws in California apply to "purchase money" loans. Was this a...
Archived
My condo is underwater about $100 000. I live in California/ unemployed for the last past year. should I shortsale or foreclose?
Arash's answer
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Answered on June 22, 2011
Well the issue is a little deeper than should I short sale or foreclose. Depending on the type of your note, if the property is foreclosed, you...
Archived
I live in California my house is in forclosre and is set to be auctioned off July 6, 2011 how can i stop the bank auction?
Arash's answer
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Answered on June 22, 2011
There are several ways that you can stop the foreclosure:
The first is bankruptcy. When you file bankruptcy, an automatic stay goes into...
Archived
Foreclosing in California with 2 mortgages. Loans were strictly for purchase. Am I safe or how can second mortgage can after me?
Arash's answer
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Answered on June 15, 2011
One thing that I would be careful about is if your second loan was a home equity line of credit. In a home equity line of credit, there is...
Archived
If I am on the deed to a home in foreclosure, will MY filing chapter 7 effect the sale. I am not on the loan.
Arash's answer
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Answered on February 22, 2011
Please see my answer to this exact question within this blog.
Archived
Paying HELOC after foreclosure
Arash's answer
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Answered on February 22, 2011
You are liable for a HELOC even after foreclosure. Thus, you have to continue to pay on it or the bank can take legal action against you. If you...
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Archived
Our house was sold in a auction while we were working with the bank on a loan modification.
Arash's answer
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Answered on February 22, 2011
Foreclosures are very difficult to overturn unless there is some outright fraud. It is not clear whether that is the case here. A lot more...
Archived
If I am on the deed to a home in foreclosure, will MY filing chapter 7 effect/slow the sale.
Arash's answer
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Answered on February 22, 2011
Since you are on the deed of the property and foreclosure is an against the property, you can delay the sale by filing for bankruptcy. Be sure to...
Archived
Do i have a good argument for a Wrongful Termination case?
Arash's answer
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Answered on September 07, 2010
Wrongful termination is very difficult to prove. In California all employees are "at-will" employees, which means that either party may terminate...
Archived
The team leaders keep calling me out of my birth given name i hve reported each time and it still keeps happening what can i do?
Arash's answer
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Answered on September 07, 2010
Are you being discriminated against because of your race? Are you being called names?
Contact my office....
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