About Foreclosure

The ARM (Adjustable Rate Mortgage) with a fixed rate of interest for the first several months to several years seemed like a good idea years ago when home prices were skyrocketing upward. Many home buyers planned to either refinance or sell before the higher rate kicked in.

When the market changed and home values began dropping, the higher interest rates in the mortgage agreement still applied. Refinancing or selling became more difficult. For a large number of homeowners who became unable to meet the higher payments, this meant increasing financial stress and in some cases an inability to keep up the payments. Many property owners continue to struggle to stay current.

Because many homeowners do not understand the foreclosure process they can be surprised to find out their home is about to be sold by their lender and decide that too little time remains to develop an effective plan and so they do nothing. Don't make this mistake. Our firm takes pride in the number of families we have helped with foreclosure defense and avoiding scams, allowing them to stay in their homes.

Fighting foreclosure takes a thorough understanding of how foreclosure works, the time constraints and the laws concerning the lender's and the homeowner's rights and legal obligations. Having a solution-oriented foreclosure attorney on your side, who will take the time to understand your circumstances and to help you develop a plan designed to gain the relief you need, can make all the difference. We believe that the best financial and legal solutions are tailor-made to fit your circumstances.

We can explain the foreclosure alternatives which may be appropriate, such as:

• Litigation
• Bankruptcy protection
• Short sales
• forbearance
• Negotiation with lenders
• Postpone or stop foreclosure
• Deed-in-lieu of foreclosure
• Loan modification

At 1st California Law our legal team is ready to provide you with common sense answers, skilled legal representation, and the expertise you need to achieve resolution. A Santa Ana foreclosure lawyer at our firm takes pride in being accessible at all times, including evenings and weekends to meet for a free initial consultation and to answer questions.