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San Diego Foreclosure Bailout Loans: Sub-Prime Still Funding
Many San Diego homeowners are facing the prospect of foreclosure.  That doesn't have to happen if you have plenty of equity in your home.  Rising food and fuel prices, combined with a tightening credit environment left San Diego homeowners with few options when trouble came knocking at their door.  The implosion of most sub-prime lenders pulled the rug out from under those folks who suffered "life events".  
The three D's:  death, disability, and divorce are the major contributors to foreclosure.  While the press reports that foreclosures in San Diego are rising because of ARM adjustments, we know that the three D's are far more severe to a famiiy's financial well-being than a higher mortgage payment.
Help is available to San Diego homeowners with a substantial equity position.  The "new sup-prime mortgages" aren't new; they've been available in California for decades; private mortgage lenders.   Private mortgage lenders are wealthy individuals or pension funds that understand San Diego real estate.  They realize that housing prices won't free-fall forever.  Most private mortgage lenders are willing to lend up to 70% of your home's value...
REGARDLESS OF YOUR CREDIT HISTORY
Have you received a Notice of Default on your property?  If you can demonstrate an ability to repay a ... more

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