In September, 7.15% of Orange County home-loan borrowers were 90 days or more late with their house payments. 2% are in foreclosure. If you're underwater on your mortgage, you need to know about short sales.
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Since 2007, more than 2.3 million homes have been repossesed. Today, 1 in 10 mortgage holders face foreclosure. So what can you do to stop foreclosure?
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More distressed homes have hit the Orange County housing market. If you're underwater on your mortgage, you're not alone. Many in Orange County have taken action and so should you.
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29% of homes for sale in San Clemente are distressed properties. Underwater mortgages are happening to people across all income brackets and for all people there is an alternative to foreclosure.
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"This qualifies as a double dip in housing." The experts are saying the housing market news is grim, but hope is not lost if you're underwater on your mortgage.
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