Are you a homeowner in Santa Clarita faced with the difficult decisions a foreclosure presents? These tough economic times have hardworking people everywhere making difficult decisions regarding their financial future. When facing foreclosure it's critical to learn what options are available to avoid foreclosure, don't be mislead sometimes foreclosure is the best action. When the California 90-day Foreclosure moratorium, aka the "California Foreclosure Prevention Act", is released thousands of foreclosures will eventually happen. Understanding where you are this process is critical, where your at in the process may limit the time you have left to utilize Pre-Foreclosure options.


As a homeowner you have many Pre-Foreclosure options to choose from: Forebearance, Loan Modification, Refinance, Deed-In Lieu, Short Sale and more! As a trained Certified Distressed Property Expert with a Pre-Foreclosure Specialist Certification I can help you understand these options. A close analysis of whats causing the financial hardship will clarify which options you quailify for and which option may be applied to your situation. Whether you have lost your job, taken a pay reduction, have alot of medical bills or just got caught in an adjustable mortgage, I can Help! Seek the best option for you and you family. AVOID FORECLOSURE!
Call today to discuss your options! 1-800-805-2409
Homeowners with IndyMac Loans in the areas of Santa Clarita, San Fernando Valley and Ventura County are encouraged to call today!

In today's market foreclosure does more then hurt your credit, it affects your ability to buy a home in the future. There are many programs out there to help struggling homeowners who are falling behind on their mortgage payments. During these tough economic times hardworking people everywhere are having to make difficult decisions regarding their financial future. In order to make sure that you and your family are protected from foreclosure you need a Realtor who has been properly trained to specialize in Pre-Foreclosure alternatives.
As Realtors who specialize in helping homeowners avoid foreclosure in Santa Clarita, Jennifer and I go out of our way to seek out continuing education from the brightest minds in the industry. Thanks to the incredible Frank Crandall (Santa Clarita KW Team Leader) and Rod Gordy (Sr VP Fidelity National Title) we were introduced to PartnerFirst, a Nationwide Certified Short Sale Agent Network, who offer's the PSC designation. Yesterday, Jennifer and I finished their intensive two day Pre-Foreclosure Specialist Certification course. This course enhanced our negotiation skills and provided us with a perspective from the lenders point of view, when it comes to loss mitigation. For more information about how PartnerFirst PSC Realtors can help homeowners please follow this link. www.partnerfirst.org
Here's a look at the management team and the individuals who were instrumental in putting the curriculum together for the PSC designation.
Management Team
Mark Comer, Co-Founder and President, PartnerFirst. With more than 19 years of experience achieving high levels of leadership success within the mortgage and real estate industries, Mark co-founded PartnerFirst with a vision to connect homeowners, vendors, mortgage servicers and real estate brokers together through the PartnerFirst Real Estate Network. Mark is a graduate of the University of Southern California with an emphasis in Real Estate Development and Finance.
Michael Leet, Co-Founder, Executive Vice president and Chief Operating Officer, PartnerFirst. With more than 19 years of experience achieving high levels of success within the mortgage industry, Michael is in charge of all financial and operations management for PartnerFirst and its sister companies National Mortgage Consumer Counseling, and United American Funding. Michael is a graduate of the University of Southern California in Business with an emphasis in Real Estate.
Son Nguyen, Co-Founder, Senior Vice President, Program Director of the Homeowner Outreach Assistance Program and Minority Outreach Initiative, PartnerFirst. With more than 12 years of achieving high levels of leadership success within the real estate, title and escrow industries, Son is in charge of developing the Homeowner Outreach Program (HOA) focusing on the Minority Outreach Relations initiative (MOR). A proud U.S. Navy veteran, Son is a graduate of the University of Florida with a degree in Public Relations and Masters in Organizational Management.
Priscilla Carlone, Vice President of Default Services Technology, PartnerFirst. With more than 27 years of experience in non-performing mortgages servicing, Priscilla is considered an expert in loan loss mitigation technology and servicing practices. Her award-winning career with Fannie Mae for the past 20 years has yielded multiple loss mitigation initiatives including integral system technology and innovative servicing processes and efficiencies.
Trainer
Jacob Swodeck, Director Of Education, PartnerFirst. Jacob is an active agent who has been in the pre-foreclosure trenches for over 10 years. He began his real estate career as a manager of one of the largest short sale processing centers on the west coast. With a training that runs deep with experience and volume in short sales, Jacob has acquired the knowledge necessary to be considered one of the top short sale experts in his respective field. Between himself and his past business partner, they estimate to have closed nearly 1,000 short sales together including the 1990's when Jacob began. Jacob has also trained thousands of real estate professionals to "recession proof" their careers in his full day short sale mastery university seminars nationwide.
If you are falling behind on your mortgage payments you have many Pre-Foreclosure options to choose from: Contact a Pre-Foreclosure Specialist today to discuss which option is best for you. Don't wait till it's to late, let us show you how to minimize your financial loss and limit the damage to your credit history.
I encourage homeowners to contact me, who are facing foreclosure with IndyMac Loans. I have helped several homeowners with IndyMac Loans, in doing so I have developed a great working relationship with several Loss Mitiators and the VP of Loss Mitigation. I have also developed similar relationships with BofA, Wells Fargo and several other lenders.

As a Santa Clarita Realtor specializing in Pre-Foreclosure options and Short Sales, I spend a large amount of time on the phone negotiating with asset managers for clients my wife and I represent. This particular client's job requires a security clearance and a delinquency would cause him to loose his clearance and his job. I recently escalated this file to a Level 2 supervisor at Fannie Mae because OneWest Bank formally know as IndyMac negotiated a deal that all parties agreed to, but ultimately was denied by Fannie Mae. This file was negotiated after a OWB loss mitigator supervisor verified the current mortgage status was not an issue, due to the fact that there was Imminent Default pending.
During this conversation the supervisor at Fannie Mae stated they recently changed the guidelines, according to their MBS Trust Document, Fannie Mae will not consider a short sale on homeowners with current mortgages, homeowners must be delinquent.
Here is wording from the MBS Trust Document:
2. Default Reasonably Foreseeable (Imminent Default)
Servicing Guide, Part I, Section 202: Servicer's Basic Duties and Responsibilities; Expansion of Forbearance Term
Effective immediately, a servicer may begin loss mitigation efforts for any mortgage loan when a payment default is reasonably foreseeable (imminent default) rather than waiting for an actual payment default. Accordingly, a servicer may agree to one or more appropriate and permitted loss mitigation alternatives (e.g., forbearance, a combination of forbearance and a repayment plan, and an Early Workout (discussed in the following section)), if the servicer has determined that a payment default is reasonably foreseeable, and a concession to the borrower in the payment terms is advisable. In determining whether a payment default is reasonably foreseeable, the servicer must evaluate the borrower's financial condition as well as the condition of and circumstances affecting the property securing the mortgage loan. The servicer also must document the basis on which it makes a determination that a payment default is reasonably foreseeable. This new rule allowing earlier intervention applies to all MBS mortgage loans and all whole loans held in Fannie Mae's portfolio.
Preforeclosure sales, acceptance of deeds-in-lieu of foreclosure, and short payoffs (accepting a payoff for less than the amount owed), will not be permitted loss mitigation alternatives for use with borrowers whose loans are current but are determined to be in imminent default.
Following is a list of examples of the types of factors the servicer may consider when evaluating whether or not a payment default is reasonably foreseeable. Factors for consideration include, but are not limited to:
information received from the borrower (for example, changes in employment and other income sources, or family medical status);
the payment history of the borrower(s) (as reported by a credit bureau) on other indebtedness;
the loan-to-value (LTV) ratio of the mortgage loan when it was originated;
an estimate of the current LTV ratio;
whether the monthly debt service under the mortgage loan has recently changed or will soon change;
the credit score of the borrower(s); and
the occurrence of a natural disaster (such as a tornado, hurricane, or flood), terrorist attack or other catastrophe caused by either nature or a person other than the borrower that: - the servicer reasonably believes adversely affects the value or habitability of a mortgaged property; or - the servicer reasonably believes adversely affects the borrower's ability to make further payments or payment in full on the mortgage loan.
A default is reasonably foreseeable when the servicer is notified or otherwise becomes aware of an event or factors (including those listed above) that is or are expected to cause the borrower to be in default in the near future, generally within 90 days.
As you can see this document is confusing. The attorney I have a business relationship with is reviewing this case for any possible legal intervention.
From the above scenario you can see it's critical to hire a Realtor that is experienced & equipped to handle these types of transactions. If your facing foreclosure, we are Santa Clarita Realtors who specialize in foreclosure avoidance. Our Free consultations educate clients on the options available to keep their home, or sell their home through a short sale. When facing foreclosure your goal is to minimize your financial loss and limit the damage to your credit history.

The Woodlands is one of Santa Clarita most sought after gated communities. It's located in the heart of beautiful Valencia, in a more established area. The Woodlands has preserved everything Valencia. From the century-old oak trees to ninety acres of soft, rolling hills, with resort-like amenities to enjoy like tennis, swimming and more.

Another highly desired gated communtiy with in Santa Clarita, is Westridge. Westridge is sorrounded by a top rated golf course. TPC Valencia, reflects the vision and distinction associated with the TPC Network of courses. Designed by PGA TOUR, two-time Major champion, Mark O'Meara, the TPC Valencia offers 18 holes of challenging, breathtaking play.

This par-72 championship course stretches 7,220 yards with sweeping views of the Santa Clarita Valley.
The Westridge community and TPC is complemented by the 32,400 square-foot Clubhouse that emulates the old California ranch-style architecture. 
Community members can experience the luxury and beauty of the TPC Valencia for hosting weddings and receptions, corporate meetings, banquets, anniversary, or holiday and birthday celebrations. With accommodations for as many as 250 guests the club house offers gourmet menu customization that rivals the finest restaurants; the TPC Valencia creates the perfect event and reception venue. Any event will experience the utmost attention to detail and service to ensure that the days event is as special as it was planned to be.

The Bridgeport gated community offers an unparalleled peace of mind with winding paseos, rolling green hills and a glistening lake. The only place in Valencia you can enjoy true lake living. The most diverse living options with 9 neighborhoods offering single-family homes, condominiums and town homes. With resort-like amenities enjoy a private Lake Club with a swimming pool, spa, barbecues, paddle boats on the lake and a spacious clubhouse.

If your activitly looking or thinking about purchasing a home in one of the gated communites Santa Clarita has to offer, please allow me the opportunity to showcase our community. I have lived in Santa Clarita since 1993 and have a great wealth of knowledge to share with buyers, who have questions about the Santa Clarita Community.
Please visit my website to learn about the services my wife and I provide to our clients. You can also use our search engine to view all the properties listed in Carets & the Socal MLS. www.riccosellshomes.com
As a Realtor thats enjoyed Santa Clarita since moving here in 1993, I'm often asked by clients, "whats there to do in Santa Clarita?" I'm happy to tell them our climate enables Santa Clarita to offer a wide range of outdoor activities all year round.
One of Southern California's Theme Parks
Six Flag's Hurricane Harbor, Valencia
26101 Magic Mountain Pkwy, Valencia
661-255-4100 MAP IT!
Six Flag's Magic Mountain, Valencia
26101 Magic Mountain Pkwy, Valencia
661-255-4100 MAP IT!
Boating
Castaic Lake Recreational Area
661-257-4050
Boat rental: 661-775-6232
Remember days your youth fishing expiditions, paddling around in a boat, swimming and picnicking at the Lake? You can relive all those great times at Castaic Lake. Memorial Day through Labor Day, kayaks and boats are available for rental. Age restrictions apply to operate the watercraft, but passengers may be any age. The little ones will also enjoy the playground area. Pack your own picnic or purchase sandwiches, drinks and ice cream at the upper lake snack bar. Call ahead or check the web site for details on deposits, rental fees and regulations. Overnight camping is also available.
MAP IT!

Fishing
Who says you can't go back to the "good ol' days?" Grab your pole and re-create the opening scene from "The Andy Griffith Show" with your children. Two of the largest bass ever caught (18 and 22 pounds) were taken from Castaic Lake, which is right here in our valley. Pyramid Lake, Lake Piru, and Lake Elizabeth are an easy day trip. Bouquet Canyon Creek is located right up Bouquet Canyon Road in the Angeles National Forest, and it provides the quintessential "up north" stream fishing experience. To fish at the base of massive pine trees, head to The Frazier Park area for Quail Lake, Cuddy Creek Pond, and mountain streams. So. California Camping has a great page on freshwater fishing locations in So. Cal.

Camping
Family camping is available at Castaic Lake, Hungry Valley, Saddleback Butte, Angeles National Forest and Los Padres National Forest. Organized group camping is also available at Wm. S. Hart Park.
Moonlight Hiking
The Placerita Nature Center offers moonlit hikes once a month.
Golf Courses
We have six courses from which to choose, including elite country club settings and lush, mid-length courses. An additional course, Lake Elizabeth Golf Club, is located just 40 minutes east of the City of Santa Clarita.
If your thinking about buying a home in Santa Clarita we'd like the opportunity to earn your confidence and business. Please view our website at http://www.riccosellshomes.com/ to learn more about us.
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