Stop Foreclosure Riverside - Helping Homeowners Avoid Foreclosure in Riverside and Stop Foreclosure in Riverside County California
Trying to Stop Foreclosure in Riverside or anywhere else is a nerve racking event. We are experts in assisting homeowners Stop Foreclosure in Riverside County. We do not want you to lose your home and want you to avoid bankruptcy and stop foreclosure in Riverside County, California.
Contact Us for a FREE Consultation on how we can Stop Foreclosure in Riverside, and save your home before it is to late. We will utilize all options to help you Stop Foreclosure in Riverside County. We will discuss your Stop Foreclosure in Riverside County options and answer any questions you may have about how to Avoid Foreclosure in Riverside.
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Your Save Me From Foreclosure Representative in Riverside CA:
SaveMeFromForeclosure.com representatives are professionals who understand foreclosure, the Riverside County market and how to stop foreclosure in Riverside County. We will relieve your anxiety about your pending foreclosure while we work to stop foreclosure in Riverside County. The SaveMeFromForeclosure.com local representatives in your area are trained professionals who understand foreclosure prevention, the specifics of the Riverside market and how to avoid or stop foreclosure in Riverside. We will provide you the personal touch that will relieve your anxiety about your pending foreclosure and help you to avoid foreclosure in Riverside. Obviously, dependent upon your particular situation we may be able to bring your house payment current for less than you owe or modify your current loan in order to avoid foreclosure in Riverside CA.
We are not a mortgage company that will refinance your house we want to save your home and avoid foreclosure in Riverside. If you have had an unforeseen hardship we are confident that we have a program to get you caught up on your payments or relieve you of the stress of a potential foreclosure.
Specific Area Details
In the Coachella Valley, we are at the epicenter of the Foreclosure problem. We are a resort community with more than half, second homes. The majority of the people who live here are in the service industry. The unemployment in the valley ranges from 4.2% in Indian Wells to 19.1% in Coachella. No one has been spared in this valley. We have million dollar homes in foreclosure along side less expensive homes. Across the board are foreclosures in every price range.
This area has been hit hard with falling property values which leaves little opportunity to refinance to avoid foreclosure in Riverside. So many homes in this market have lost 100% of their value and more. Homes that were selling for $250,000 are now selling for $98,000. Because this is a service industry, unemployment has soared. Everyone is cutting or eliminating their services. Restaurants are suffering and shutting down. Businesses are laying off employees or going out of business.
Prices peaked in 2006 and stayed steady until 2007. Prices started to take a decline in January 2007 and proceeded to go off a cliff in July 2007. Prices are still in decline, but not dropping by as much. I don't see a bottom in this area until 2010 and then I see it hoovering at the bottom for a while.
Foreclosures filings are going down in Riverside County California by about 10 to 20% down over the last year.
Riverside County and the city has set up an office in Indio for FREE Stop Foreclosure in Riverside County Counseling. 760-541-4402
Over 74% of the homes that sell on the MLS in our valley are short sales or REO's. I would say the majority of people in foreclosure or needing to avoid foreclosure in Riverside have NO equity in their home.
Since the majority of homes are overleveraged, homeowners are looking at loan mods, short sales, and BK. Only a small portion of the people in Foreclosure have listed their home with a Realtor.
For the next year or more, I see the market declining as we have an abundance of homes on the market due to being overbuilt by new construction.
As the local representative for SaveMeFromForeclosure.com, when a call comes into our office the first thing we want to do is offer education on the process of foreclosure in our state. Then we talk about the options that are available to them and if we can't help them, we refer them to people who can. Our #1 goal is to help them with a plan to get them through the Financial difficulties presently in their life and avoid foreclosure in Riverside.
Contact Us Immediately for a FREE Consultation on how we can save your home and Stop Foreclosure in Riverside County. We will utilize all options available to help you Stop Foreclosure in Riverside. We will discuss your options to avoid foreclosure in Riverside and answer any questions on how to Stop Foreclosure.
Avoid Foreclosure in Riverside by contacting our local representative and stop foreclosure in Riverside County.