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Stop Foreclosure San Mateo - Helping Homeowners Avoid Foreclosure in San Mateo and Stop Foreclosure in San Mateo County California
Trying to Stop Foreclosure in San Mateo County, California or anywhere else is a nerve racking event. We are experts in assisting homeowners Stop Foreclosure in San Mateo County. We do not want you to lose your home and want you to avoid bankruptcy and stop foreclosure in San Mateo County, California.
Contact Us for a FREE Consultation on how we can Stop Foreclosure in San Mateo, and save your home before it is to late. We will utilize all options to help you Stop Foreclosure in San Mateo County. We will discuss your Stop Foreclosure in San Mateo County options and answer any questions you may have about how to Avoid Foreclosure in San Mateo County, CA.
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Carol Sottile DRE # 00591101 Phone: 650-520-0330 Fax: 650-578-0222 1116 S. El Camino Real San Mateo, CA 94402 e-Mail: carol.sottile@SaveMeFromForeclosure.com |
My Bio:
Carol Sottile received her Bachelor of Science degree from Cal State University - Hayward (East Bay) in 1992 for business with concentrations in accounting and real estate and a minor in economics.
After working for Deloitte & Touche for 2 years in accounting Carol decided she was happier working directly with people than with numbers and she turned her concentration to real estate.
Carol Sottile keeps up with the market and continually hones her skills to better serve her clients. Her certificates and designations include:
- ABR ~ Accredited Buyer Representative
- CSSS ~ Certified Short Sale Specialist
- CPFS ~ Certified Preforeclosure Specialist
- SFR ~ ShortSale & Foreclosure Resource
- RCS-D ~ Real Estate Collaborative Specialist- Divorce
- ePro
- QSC ~ Quality Service Certified
In addition, Carol surrounds herself with other knowledgeable professionals including attorneys, CPA's, and credit repair experts just to name a few, to make sure all of her clients’ needs are met.
Carol Sottile can help you stop
foreclosure in San Mateo County CA
in the Cities of: Burlingame, Daly City, Foster City, East Palo Alto, Millbrae, Redwood City, San Bruno, San Carlos, San Mateo, South San Francisco.
Your Save Me From Foreclosure Representative in San Mateo County, CA:
SaveMeFromForeclosure.com representatives are professionals who
understand foreclosure, the San Mateo County market and how to stop
foreclosure in San Mateo County. We will relieve your
anxiety about your pending foreclosure while we work to stop
foreclosure in San Mateo County.
The SaveMeFromForeclosure.com
local
representatives in your area
are trained professionals who understand foreclosure prevention, the
specifics of the San Mateo County market and how to avoid or stop
foreclosure
in San Mateo County, CA. We will provide you the
personal touch that will relieve your anxiety about your pending
foreclosure and help you to avoid foreclosure in San Mateo County.
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
San Mateo County, CA.
We are not a mortgage company that will refinance your house we want to save your home and avoid foreclosure in San Mateo County, California. 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.
Testimonial 1:
"Carol,
Karen, Jessica and myself extend our most sincere thanks to you.
Your motto, "First Class Service All The Way", is exactly that, first class.
Your level of service should be a measure for all others.
From the first meeting to closing, your sincerity has been genuine; a trait that has been lost in today’s world of quick-turn customers and properties. You’ve found what the others lost sight of… The Customer.
The speed and precision of your team amazes us to no end. One would be hard pressed to find another team with your combined knowledge and experience. You listened to what we thought we wanted, which, as you helped us realize, was not what we really wanted. You helped us distinguish fantasy from reality and you lead us down the path, never letting us go for one minute and were always available for a question.
Your efforts have given us a new beginning, not only with our real estate transaction, but also in friendship."
- John L & Karen H
Testimonial 2:
"The decision to have Carol Sottile as my real estate agent in selling my mother’s home is one that I will never regret.
Carol proved to be not only enthusiastic and very knowledgeable, but tireless when some matters arose which were out of the ordinary and complicated. Also her wisdom and kindness and empathy for clients she comes in contact with are outstanding.
Carol inspires her clients with her unfailing energy and confidence. A person dealing with Carol invariably feels that not only do they have an excellent real estate agent but have acquired a true and sincere friend as well.
Anyone fortunate enough to have Carol as their real estate agent can be fully confident that every minute detail will be taken care of.
Without any slightest hesitation I would recommend Carol to my family and friends."
- Rada H
Testimonial 3:
"My ex-husband and I worked very closely with Carol. After trying to sell our home for many months by ourselves and foreclosure once again looming to take all of the little equity we had left, Carol stepped in and saved the day.
Real estate dealings are an emotional and complicated process, but thanks to Carol’s sensitivity and compassion we always felt supported and positive. She was so encouraging and let us know that we are good people just caught up in a bad situation. Carol was there with her warm embrace from the first couple of days until the happy day we closed and the burden was lifted. Carol was also very competent and hard-working. She always made sure we understood the process and the numbers, which was completely new to us and, at times, overwhelming. We always felt that Carol was our advocate and trusted her immensely to have our best interest as a priority.
Carol Sottile is an intelligent, patient, and unconditionally supportive woman. I recommend her with great enthusiasm and without any hesitation.
"
- Sandi R
Specific Area Details
Currently, foreclosure filings are up 10% from a year ago and for the State of California, foreclosures scheduled for trustee sale are up a staggering 89.1 percent!
One root cause is increased falling property values, leaving people in over-leveraged homes that they cannot afford. Without having the option to refinance, many are stuck with bad Adjustable Rate Mortgage (ARM) loans that are set to adjust soon.
Many San Mateo County residents are losing jobs, as unemployment continues to climb in the area. The people fortunate to have a job are experiencing wage cuts and/or mandatory furloughs.
The wild housing boom in San Mateo County brought inflated prices that precipitated an even greater fall.
San Mateo County, as a whole is being impacted by the rapid increase in foreclosures, but the primary focus seems to rest with the entry level priced homes where homeowners were lured in with the easy financing options, such as 100% LTV's, stated incomes, negative amortization loans, etc.. Blue collar or white collar, doesn't matter, everyone is experiencing the hardships. Low income neighborhoods and affluent, high class neighborhoods equally are affected.
San Mateo County is littered with a vast supply of over-leveraged properties that are greatly upside down in value compared to when they were first purchased. With the remaining new homes being built and additional resales hitting the market on a steady basis, it continues to create additional upside borrowers without any equity.
The foreclosure problem in San Mateo County began showing itself in 2006 and has been greatly increasing up to its current state. Many people got into loans that were literally ticking time bombs, such as negative amortization loans, Adjustable Rate Mortgages, Interest Only. When the market was increasing at such a fast rate, people just continued to over leverage their homes and increase their debt load. Currently, we are seeing the results of such loose lending practices and unrealistic guidelines, with many homes going into foreclosure on a daily basis, some struggling to keep up with payments and others panicking because their rate on their loan is about to climb higher. With more Adjustable Rate Mortgages set to adjust in the next few months, this appears to be a continuing problem for many till either these rates stop climbing or people lose their homes.
A new freeze on foreclosures went into effect in California March 2009. Distressed homeowners now get an extra 90 days to renegotiate their mortgages. Under the new California Foreclosure Prevention Act, lenders foreclosing on certain loans are prohibited from giving a notice of sale until the lapse of at least 3 months plus 90 days after the filing of the notice of default. A loan servicer can obtain an exemption from this requirement by demonstrating that it has a comprehensive loan modification program.
This law will stay in effect only until January 1, 2011 at which time it will be repealed, unless it is deleted or extended by statute (Cal. Civil Code § 2923.52(d)).
Unless otherwise exempt, the 90-day extension to the foreclosure process applies to loans that meet all of the following requirements: * The loan was recorded from January 1, 2003 to January 1, 2008, inclusive; The loan is secured by a first deed of trust for residential real property; The borrower occupied the property as a principal residence at the time the loan became delinquent; and A notice of default has been recorded on the property. (Cal. Civil Code § 2923.52(a).)
Foreclosure laws in California are located in CA Codes (civ: 2945-2945.11) I recommend that you read these laws and contact an attorney with any questions. Laws were passed to protect the home owner. No foreclosure consultant is allowed to take a fee upfront. Fees can only be collected once the work is done. If any one asks for fees up front, go elsewhere.
As the local representative for SaveMeFromForeclosure.com, I listen non-judgmentally to the homeowner with empathy and compassion. I provide information on all the options available to them. This allows the homeowner to make sound business decision for their family after learning and understanding all their options. We discuss and analyze the situation together coming to workable conclusion. Depending on the option decided I coordinate with other members on my team to bring to stressed out homeowners closure, relief and peace of mind.
Contact Us Immediately for a FREE Consultation on how we can save your
home and Stop
Foreclosure in San Mateo County. We will utilize
all
options
available to help you Stop
Foreclosure in San Mateo County, California. We will discuss
your
options to avoid foreclosure in San Mateo and answer any
questions on
how
to Stop Foreclosure.
Avoid
Foreclosure in San Mateo County, CA by contacting Carol Sottile and stop
foreclosure in San Mateo County.