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If you need help deciding what the next course of action to take for your situation is, Home Buyers Alliance (HBA) can help. Once we establish what your current situation is, we will find the best program that you can qualify for and take immediate actions to remedy. Contact us now for a free 15 minute consultation.
For 2009, we currently have a over 89% success rate in helping homeowners wirh short sales, one of the MANY alternatives to foreclosure.
Short Sales Successes: Partial Lenders List | Copies Of Success Letters
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 Important Links For Homeowners
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WARNING Regarding Residential "Short" Sales
If you find yourself in a situation where your financial circumstances either challenge your ability to make your home mortgage payments or you are no longer able to make the mortgage payments at all, you will be presented with a series of difficult options that will have an impact on your personal and financial life for years to come.
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Deficiency Judgments and California Law
California has enacted anti-deficiency legislation which is found in Code of Civil Procedure sections 580b and 580d. Section 580b prohibits deficiency judgments based on the character of the loan at the time it is made. Additionally, Section 580b prohibits a seller who has carried back a loan as part of the sales price of the property from obtaining a deficiency judgment against a defaulting borrower.
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California Foreclosure Prevention Act
The California Foreclosure Prevention Act modifies the foreclosure process to provide additional time for borrowers to work out loan modifications while providing an exemption for mortgage loan servicers that have implemented a comprehensive loan modification program.
- The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence.
- California DRE Advance Fee Agreement Listing
The full list of individual and corporate real estate brokers (updated daily) that are allowed to collect advance fees for Loan Modification and/or similar services.
- California DRE: Desist & Refrain Orders and/or Accusations for Loan Modification Activities
Before considering engaging the services of any of the persons or entities listed, it would be prudent to inquire about the disposition of the action that has been filed against the respondent.
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Fannie Mae: Beware of Foreclosure Rescue Scams
Scam artists prey on struggling homeowners and often target defendants named in foreclosure proceedings. Don't let them take advantage of you, your situation, your house or your money.
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 Real Life Short Sale Cases
 Follow HBA as we make progress on some of the real life short sale cases that we are working on so you can get a feel of the timeline and real world service events experienced by our short sales team. We will publish (and tweet) the statuses of these properties as they happen (24/7). We are not holding back anything - what you see are real life situations and we are completely transparent about what goes on behind the scenes. These are the same service activities (privacy items removed) that our short sale customers see!
South SF Property | Daly City Property | San Jose Property | Redwood City Property | San Jose Property
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Area Of Coverage
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Counties Served
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Stay Updated
Subscribe to our mailing list and receive our popular Options To Foreclosure Report (PDF) before taking drastic action on your home.
We will never sell, rent, or share your email address with anyone!
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Latest Articles & News Of Interest
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 March 7, 2010
Seeking Alpha: A Deluge of Homeowners Underwater. First American Core logic just released its report on the number of homeowners who are underwater on their mortgages. The storm waters continue to rise. View article
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March 4, 2010
State Of California: Brown Warns Homeowners to Avoid Forensic Loan Audits. Attorney General Edmund G. Brown Jr. today joined the California Department of Real Estate (DRE) and the State Bar of California in warning Californians to avoid forensic loan audits, the loan-modification industry's latest "phony foreclosure-relief service". View article
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March 1, 2010
Prevent Loan Scams: Tips on How to Avoid a Loan Scam. Scams are not always easy to spot - but it helps if you know the warning signs. Check out out the comprehensive list for red flags for homeowners that indicate you may be dealing with a loan modification scammer. View article
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March 1, 2010
National Mortgage Professional: HUD- Major Step in the Fight Against Loan Modification Scammers. The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing its partnership with the Loan Modification Scam Prevention Network in launching the www.PreventLoanScams.org website and national scam complaint form. View article
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February 22, 2010
Home Affordable Modification Program (Fannie Mae): Home Affordable Foreclosure Alternatives Program Guidelines. Guidance to servicers for adoption and implementation of the Home Affordable Foreclosure Alternatives Program (HAFA), which is part of HAMP and provides financial incentives to servicers and borrowers who utilize a short sale or deed-in-lieu to avoid foreclosure on an eligible loan under HAMP. Download full PDF
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 February 21, 2010
Home Affordable Modification Program (Fannie Mae): HAFA Tutorial A 25-minute self-guided tutorial that provides an overview of the Home Affordable Foreclosure Alternatives Program (HAFA) - Short Sale and Deed-in-Lieu - for servicers of non-GSE loans. View videos here...
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August 23, 2009
San Francisco Examiner Real Estate: Loan modification scams and how to avoid them. Should you call an attorney? A real estate broker? A mortgage broker? A 'certified' loan modification specialist? Or maybe call the lender directly? Download full article PDF
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August 9, 2009
San Francisco Examiner Real Estate: Should You Re-Fi, De-Fi or Modify?. If you’re a homeowner, then most likely the biggest liability you have is your mortgage. So what are some of the options available to a homeowner to reduce their monthly payments? Download full article PDF
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July 26, 2009
San Francisco Examiner Real Estate: Foreclosure's far reaching impact. A foreclosure is the most damaging event your credit status can encounter, worse than bankruptcy. A foreclosure on your credit record will negatively impact your ability to borrow money for many years. Download full article PDF
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July 10, 2009
San Francisco Business Times: Sellers owe balances after short sales. The rising tide of "short sales" by troubled home owners facing foreclosure is prompting lenders to become more aggressive in their attempts to pursue former homeowners for their loan losses in a short sale. Read summary online | Download full article PDF
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May 15, 2009
Article: Updates to Making Home Affordable program. The main parts of the program aim at preventing foreclosure by helping borrowers refinance, or if they're behind on payments - to seek loan modifications. Continue reading more...
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 May 14, 2009
Presentation: Housing Expo May 2009. HBA Arton Chau was a guest speaker on these two topics: The Foreclosure Process and Alternatives To Foreclosure. Continue reading more...
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May 4, 2009
Article: DIY Loan Mod. While many people feel more secure enlisting the services of a professional Loan Modification expert, it is possible to apply for a modification on your own. Continue reading more...
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March 6, 2009
Article: Loan Modification Scams. While many are certainly legitimate, scam artists have been on the rise, preying on distressed homeowners in hopes of making a quick buck. Continue reading more...
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February 27, 2009
Update: Mortgage Market March 2009 (Home Buyers Alliance). On February 17, 2009, President Barak Obama signed the American Recovery and Reinvestment Act of 2009 into law. What does the bill, commonly referred to as the "Stimulus Plan", mean for you? Continue reading more...
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December 14, 2008
Video: The Mortgage Meltdown (CBS 60 Minutes). Scott Pelley reports on the mortgage crisis that's far from over, with a second wave of expected defaults on the way that could deepen the bottom of the U.S. recession. Continue reading more...
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January 27, 2009
Article: Beware of Paying Up Front Fees. You must be very careful if you are asked to pay for any of these services in advance, whether in cash, check or by charging your credit card. Continue reading more...
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Latest Bank-Owned (REO) Listings
 | 1281 CALIFORNIA DR, BURLINGAME, CA 94010 | $580,000 | 780 Est. Sq. Ft. | Inquire |  | 403 MAIN ST #808N, SAN FRANCISCO COUNTY, CA 94105 | $366,900 | 515 Est. Sq. Ft. | Inquire |  | 473 CORK HARBOUR CI #A, REDWOOD SHORES, CA 94065 | $330,000 | 764 Est. Sq. Ft. | Inquire |  | 115 TOBIN CLARK DR, HILLSBOROUGH, CA 94010 | $2,200,000 | 3,710 Est. Sq. Ft. | Inquire |  | 801 CRYSTAL SPRINGS RD, SAN MATEO, CA 94402 | $1,599,900 | 3,320 Est. Sq. Ft. | Inquire |  | 15 CRYSTAL SPRINGS TE, HILLSBOROUGH, CA 94010 | $1,590,000 | 5,280 Est. Sq. Ft. | Inquire |  | 1050 MERNER RD, HILLSBOROUGH, CA 94010 | $999,999 | 1,770 Est. Sq. Ft. | Inquire |  | 24 VALLEY VIEW CT, SAN MATEO, CA 94402 | $965,250 | 1,870 Est. Sq. Ft. | Inquire |  | 39 CORONADO AV, SAN CARLOS, CA 94070 | $939,000 | 2,490 Est. Sq. Ft. | Inquire |  | 17 OXFORD CT, BELMONT, CA 94002 | $906,000 | 2,890 Est. Sq. Ft. | Inquire |
See more listings from Banks and Fannie Mae...
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