Worried About Foreclosure?
Worried About Your Mortgage? Behind in Your Payments? Want to Know Your Options?
You May Also Want to Visit www.BestShortSalesinSD.com
We have created a series of 9 short videos about Short Sales as an option to avoid foreclosure. They are each only 2 minutes or so in length and provide the answers to many of the questions most homeowners have aobut short sales. Please be sure to watch this useful information by clicking here or you can go to YouTube.com and type in "LKRealty" as the search keyword.
Call 619-741-9652 and speak with Gary Laturno, President, Laturno Kuick Realty. Gary is a real estate broker, a retired FBI Agent and an attorney who has practiced law for approximately 30 years. For the last two to three years, his practice has consisted of listening to and counselling distressed homeowners. Gary will listen to you, ask questions and discuss your options. He does not charge for a consultation.
(To read what others who spoke to Gary have to say about their discussion with him, please scroll down to "Testimonials", below.)
Retention options include: Loan modifications, forbearance, reinstatement, "cram downs" or principal reductions, Hope for Homeowners, a refinance, the wisdom or lack thereof of taking money from a 401 (k) and credit cards, as well as possible litigation against your lender.
Liquidation Options include: "walking"; a deed in lieu of foreclosure, bankruptcy, selling via an assumption, selling "subject to" or via an AITD, and short sales. For detailed information about short sales, visit our sister web site, www.BestShortSalesinSD.com.
The most popular options asked about are loan modifications and short sales.
LOAN MODIFICATIONS: Gary can explain the Obama guidelines and assess whether you appear to qualify or not under the terms of the new Government loan mod program. He charges no fee for his services. A loan modification may be an option for you. If so, you may be able to stay in your home with an affordable monthly payment.
Recommended reading on the subject of loan modifications: an article that appears in the May 18, 2010, Wall Street Journal:
http://online.wsj.com/article/SB10001424052748703315404575250463403570640.html?mod=WSJ_WSJ_US_News_5
SHORT SALES: At Laturno Kuick Realty we have substantial experience negotiating short sales with lenders. See www.BestShortSalesinSD.com. First, we list your property, put it on the MLS and price it to get offers. We then take the offers to the lender and negotiate on your behalf. In most cases, banks will agree to take LESS than the outstanding loan balance. This is called a "Short Sale". You avoid foreclosure and the lender pays our Realtor fees. Cost for you to hire us to short sale your home is 0.
As a result you:
- Keep foreclosure off your credit report
- Stay in your home while we negotiate with the bank
- Avoid being evicted
- Exit your home in a graceful manner
- Focus on the future; go on with your life
You must act QUICKLY in either situation! California is a quick foreclosure state. After the notice of default is filed, the foreclosure process can take as little as four months.
Failure to act could result in:
- The trustee selling your house at an auction
- You and your family being evicted
- Your credit report reflecting a foreclosure which could adversely impact your credit for many years
Feel free to call Gary at 619-741-9652 to discuss your situation. While we cannot guarantee the outcome, we have successfully resolved real estate problems for many homeowners.
See testimonials below as well as the following web sites:
www.LandKRealty.com, www.GaryLaturno.com, www.LaturnoGraves.com and www.SanDiegoCLESeminars.com.
Testimonials:
Mr. Laturno:
I just finished a phone call with you, and although the news was not favorable, I can't begin to tell you how grateful I am to find someone
willing to take the time to listen and care about my situation. The
insight you provided was extremely beneficial. In a world where it seems
like no one is willing to even talk to you without a significant advance
payment, I feel extremely fortunate to have made contact with you. I am
so very grateful for your time and wanted you to know how much it means to someone searching for answers. And, by the way, I will be pursuing a real estate license and when the day comes that I pass the test (and I will!)
you've got someone in Alpine who would be honored to be part of your team. Thank you, again, so much!
Cindy
Gary,
I've been meaning to write to you for some time. I referred two people to you, Esther and Bill ... regarding their re-financing of their home. They have since successfully bought a new home and worked out their loan problems, thanks to the advice from you and your wife.
I just wanted to pass along some of their comments, so you know what a profoundly positive impact you are having on people. Both Esther and Bill, who are not super expressive people, raved about your help, your willingness to give time and attention to their situation, and the valuable advice you provided to them. They said dealing with you was the best experience they have ever had with an attorney and it restored their faith in lawyers and in people in general--just at a time when they needed it the most. The said that both of you, working as a team, were invaluable in giving them practical suggestions about ways to handle their situation. They couldn't say enough about you as people, how caring you were and how they felt you were giving them the "straight skinny." You helped them to navigate through a critical time in their lives with realistic advice and practical suggestions.Subject: RE: Former Attendee From Your Seminars
Sheryl:
Thank you for your email. Based on your email it does not appear to me that you can afford the house and that a short sale is a good option for you. I, however, have a number of questions and do not feel I can give you sound advice unless I have additional information. It would be extremely helpful if we could talk. Can you call me?
Dear Gary,
I "slept" on this issue and decided this house has caused us to lose our credit; run up credit cards - all because we had to have the "best"! I won't be calling you because your note/email made sense. In your seminar I attended, you said something that has "stuck" with me. You asked this question to the group: "Why do people have to live so high?" I will never forget that question. The answer is "they don't have live so high". We are a perfect example of "keeping up with Joneses".
I have two very good offers submitted to the lender of which I know they will take one. Also, an NOD was already filed. I have signed a lease. We can "afford" this rental. If I try now, I would have fight on my hands with my listing agent, my landlords who took their property "for rent" off the market because I gave them a deposit.
I am going through with the short sale and if anything good comes from losing a dream home it is this: "A Lesson Learned". We cannot afford this house and if we pursue keeping it now it will cost us money and maybe a lawsuit from my realtor who did "perform" under the listing contract we signed.
Thank you. Your short paragraph convinced me. Use me as true example in one of your seminars!!! I wish you success always; you are a very honest, nice man.
Sincerely,
Sheryl
