FAQ’S

1.  What is a foreclosure?
This is a process by which a homeowner, who has not made timely payments of principal and interest on a mortgage, loses title to his/her home.  In other words the borrower can no longer possess or occupy the home. The legal time frame to complete a foreclosure varies from state to state.

2.  Can I do this myself?
Yes but this is a difficult process which at times is both cumbersome and time consuming since each Lender/Servicer has a different set of requirements.

3. What is Loss Mitigation?
Loss Mitigation is the process of using a third party advocate to negotiate with your Lender/Servicer, so you can avoid the foreclosure process. The end result will be a loan workout program.

4.  How long does this process take?
It varies by state, lender or servicer. Typically this process could take one to six months.

5.  What is the foreclosure process?
It varies state by state. In the state of California,  90 days late allows the lender to begin the foreclosure process.

 6.  What information will I need to provide to AHR?
In your free consultation we will go over your present individual financial situation. At that we will let you know what documentation will be needed.
 
7.    What can AHR do for you?
We have decades of banking/lending experience which includes on-going  lender/servicer relationships. Our goal is to maximize your options, as we take on the time consuming burden of following up with your lender.

8.   What states to we do business in?
Currently only California but will be expanding to other states shortly.