Los Angeles Real Estate News: Lemonade Homes Lends a Helping Hand to Homeowners Facing Foreclosure

Lemonade Homes lends a helping hand to homeowners who are in danger of facing foreclosures through their acquisition department, Sell My House Fast - Los Angeles.

"Many people listen to the news and believe we are out of an economic crisis, but it's not true," said Zander Rice, Head of Sell My House Fast - Los Angeles. "Lot homeowners aren't making the salaries they made prior to 2008, their expenses continue to increase, and variable rate mortgages are rising to levels that cannot be sustained. So, unfortunately for many, foreclosure is still a real threat."

According to their press release in PR NewsWire, agents from Sell My House Fast - Los Angeles works one-on-one with their clients providing a confidential, no-obligation review of their current financial situation, which includes a mortgage review, home value and local market evaluation, and income assessment. They work with homeowners facing foreclosures during the initial, middle, and even the final stages of the foreclosure process.

"When an owner is facing foreclosure, the biggest mistake I see them make is not taking any action at all. They simply wait and fall farther and farther behind until the bank takes their home all the way to auction," says Christina Rice, owner of Lemonade Homes. "It doesn't have to be that one sided. Even if a homeowner knows they cannot make up those missed payments, they can take action that puts them back in a position of power. They don't have to lose their home to foreclosure."

The best answer if a homeowner is facing foreclosure is to refinance, but if that option does not seem plausible, this is when Sell My House Fast - Los Angeles comes into the picture. Sell My House Fast - Los Angeles buys homes in any condition from homeowners in distress, and whom have decided that selling their house is the best option to battle against foreclosure.

Lemonade Homes is a family-owned real estate business that renovates old homes and sells it to new owners. They also help those who can't find the right home in their price range by creating their dream home from a fixer upper, helping each step of the way from finding the home, planning the new design, and managing the contractors.

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