the foreclosure process in california
How can I help save my 70 year old father’s house?
I know millions are going through this crisis. Is there an advocacy group or something that I can contact to stop the foreclosure or at least slow the process? He already received his notice to vacate and he has till the beginning of March to leave.
It hurts that this man is 70, I grew up in his house and he has had this house close to 30 years.
He mentioned to me that something illegal in his bank got the best of him, I personally don’t know.
Where should I start? He is in California.
He refinanced a few years ago which made his payments sky rocket. The value of his house declined dramatically and he couldn’t pay 2k on a house that went from 300,000 to 75,000
He received a notice to vacate the beginning of this month. He has til the beginning of March to get out.
You need to find out more of what happened. A house he has owned for 30 years should be paid for. Did he take out a loan recently? What did he do with the money?
Ask the city, county or senior citizen center for guidance.
