Facing the prospect of losing your home due to a second mortgage foreclosure can be overwhelming. A skilled 2nd mortgage foreclosure lawyer in California can help you navigate this complex legal process and protect your rights.
If you’re facing a second mortgage foreclosure in California, it’s crucial to understand the legal implications and potential consequences. A 2nd mortgage foreclosure lawyer can help you navigate this complex situation and protect your property rights.
If you’re facing a second mortgage foreclosure in California, it’s essential to seek legal assistance from an experienced real estate lawyer. At our firm, we understand the complexities of foreclosure proceedings and are dedicated to protecting your rights and interests.
Our 2nd mortgage foreclosure lawyers in California will work closely with you to understand your unique situation and develop a tailored strategy to address your legal needs. We will thoroughly review your mortgage documents, identify any potential violations or irregularities, and explore all available options to help you avoid foreclosure or mitigate its impact.
We have extensive experience in negotiating with lenders and mortgage companies, ensuring that your rights are protected and your interests are represented throughout the process. Our attorneys will work tirelessly to explore alternatives to foreclosure, such as loan modifications, short sales, or deed-in-lieu of foreclosure arrangements.
If foreclosure becomes inevitable, our team will guide you through the legal process, ensuring that your rights are upheld and that you receive fair treatment. We will work diligently to protect your credit and financial future, providing you with the necessary support and guidance during this challenging time.
At our firm, we understand the emotional and financial stress that comes with facing a second mortgage foreclosure. Our compassionate and knowledgeable attorneys will provide personalized attention and support, ensuring that you have a trusted advocate on your side throughout the entire process.
When you choose us, you will have a dedicated team of knowledgeable 2nd mortgage foreclosure lawyers. Our aim is to ensure the best outcome for your real estate case and provide you with the peace of mind you need during this challenging time.
Receive a thorough case assessment for your 2nd mortgage foreclosure issue at no cost from our skilled legal team.
If your case qualifies, we will. schedule a no-obligation 15-minute consultation with our team to explain how our firm can assist
Our 2nd mortgage foreclosure lawyers carefully examine real estate disputes and offer practical legal advice.
Choosing us as your 2nd mortgage foreclosure legal representation for real estate matters ensures a strong partnership. Our dedicated team is committed to pursuing the best results for your case with unwavering effort.
Get quick answers to the most frequently asked questions.
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A 2nd mortgage foreclosure in California occurs when a homeowner defaults on the payments for a second mortgage or home equity loan, and the lender initiates legal proceedings to seize and sell the property to recover the outstanding debt. It’s a process that follows after the primary mortgage foreclosure, where the second lender can pursue their claim on the remaining equity.
In California, a 2nd mortgage holder can initiate foreclosure proceedings if the homeowner is in default on their loan payments. The specific terms for default are outlined in the loan agreement, but generally, it occurs after several missed payments. The 2nd mortgage holder must follow strict legal procedures, including serving the homeowner with a Notice of Default and allowing a specified period for them to catch up on payments.
In California, homeowners facing a 2nd mortgage foreclosure have certain rights, including the right to reinstate the loan by paying the outstanding balance and fees, the right to participate in a foreclosure sale, and the right to any remaining proceeds from the sale after the debts are paid. They also have the right to be served with proper legal notices and to challenge any irregularities in the foreclosure process.
Yes, there are several ways to potentially avoid a 2nd mortgage foreclosure in California, including:
1) Loan modification: Negotiating with the lender to modify the loan terms to make the payments more affordable.
2) Debt settlement: Negotiating a lump-sum payment with the lender for less than the full outstanding balance.
3) Bankruptcy: Filing for bankruptcy protection can temporarily halt foreclosure proceedings and potentially discharge or restructure the debt.
4) Selling the property: Selling the property through a short sale or other means to pay off the outstanding debts.
In California, if a 2nd mortgage foreclosure proceeds to a sale, it typically follows a statutory non-judicial foreclosure process, which starts with the recording and service of a Notice of Default by a third party “trustee” acting on behalf of the loan servicer or investor. The lender must provide proper notice and follow legal procedures. At the auction, the property is sold to the highest bidder, with the proceeds going first to pay off the primary mortgage, then the 2nd mortgage, and any remaining funds go to the homeowner.
The consequences of a 2nd mortgage foreclosure in California can be severe, including the loss of the property, negative impacts on credit scores, potential tax implications for any forgiven debt, and difficulty obtaining future financing. Additionally, the homeowner may still be responsible for any remaining deficiency balance after the foreclosure sale if the proceeds are insufficient to cover the outstanding debts.
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Read our testimonials from our clients
I had a bit of legal issues dealing from real estate and our family business. We called Equity Legal and knew we picked the right team of attorneys to help us out. The results at the end were fantastic and we couldn’t be more happier. Thank you to the attorneys who worked on our case. My family and I are grateful.
Equity Legal and their team helped my family with a personal injury case. The attention to detail, and ease of communication helped us through the litigation process seamlessly. Would highly recommend their legal services.
Thank you!
Only law firm that had actual experience/open cases with Real Time Resolution. Spent 1 and 1/2 painful years trying to negotiate on my own. RTR completely holds reasonable people hostage, if there is equity in your home. Came across Equity legal and within a few weeks they helped us get out of the lien, and changed my family’s life!
In early stages of due diligence at this time. I found Mr. Susan very helpful in preparation to act on my neighbors tree roots that have inveded my yard.
Great people
Very business savvy real estate attorneys.
Excellent!
Professionalism at its finest! Highly recommend!
Amazing attorneys and amazing service!
Lisa Allen was great every step of the way! 5 out of 5.
Great professionalism and easy communication. Super easy to work with them.
im glad i retained equity legal. they keep you updated on the progress of your case. and with their help…i won.
I highly recommend this law firm! They are very professional and communicates well.
The best ever, they took care of my case from the get go, always communicated with me at every step, great results, highly recommended!
This team was able to solve my concerns via the phone call. Highly recommended and highly knowledgeable team.
Equity Legal worked very hard for me. They are always very responsive to calls and emails. I highly recommend this firm.
Very reliable and trustworthy Attorneys and Brokers, especially when it comes to commercial real estate. These guys are amazing, they wont overlook anything and will make sure all your questions are answered.
Both partners, Sasan and Luiey, are very easy to work with and very patient. They really care about their clients cases and really strive to help their clients. Highly recommended.
Equity legal is a great team of professionals with diverse legal backgrounds and valuable years of experience.They are my go-to experts for all my business and personal legal needs. If you want your case or legal need properly addressed, I suggest you hire this 5 star team!
Used them to remove a lien on my house. Excellent service. Breana was my main attorney. Very polite and quick response. Will use them again for sure.
Sasan went out of his way to help me with my case. I finally feel I am on the right track in receiving a better settlement that is more substantial. It was his advice that got me there. I would recommend this firm to anyone.
The entire team at Equity Legal were extremely helpful navigating my questions and providing me with thorough advice. Strongly recommend!
Equity Legal got back to us quickly and made it a seamless operation, especially as we were facing time constraints. I highly recommend this law office. Thanks again.
Mr. Luiey Haddad and his associate Mr. Sasan Mirkarimi are exemplary real estate attorneys. I observed their work in the San Diego Courtroom. I was impressed with their clarity, fortitude and comprehension of the issues involved. Their breath and depth and enormous legal ability was absolutely required in the case before them. Their efforts and legal acuity won the final hearing which lead to a very good settlement. They also monitored and weighed carefully the cost and benefit part of the legal process. I highly recommend them.
Jack M. Bennett, California licensed real estate broker and business advisor.
The Team at equity legal made me feel like family and protected me as one of their own. They didn’t back down, and advised me in my best interest.
I had a small real estate matter (easement in favor of my neighbor). But it was very important to a larger project. Equity Legal and Michael Palmer treated it with importance and urgency, producing a quality work product in a timely manner at a reasonable cost. All any client could ask.
I was stuck in a situation where i had to sell real estate i owned overseas and bring the funds to the states to invest and didnt know someone that i could trust and could help me. My doctor referred me to them and from the beginning they were professional trustworthy and advised me of the entire process. I was so happy that they also could handle my real estate transaction here and not only did they advise me on how to get the funds over here but they were able to place my funds in a investment property. I even was lucky that they put me in contact with a tax person and they were able to set up a corporation for me to buy the property. All of this was new to me and I feel so comfortable that I had experienced and responsive professionals there to guide me throughout. Im so glad to have been referred to Equity Legal and highly recommend them for your real estate and business matters!
I’ve had the pleasure of having Sasan as my lawyer and he’s truly a specialist in his craft. Sasan is patient, understanding, kind, charismatic, and genuine. Every conversation has been a delight, and I always knew he would represent me with his full effort, diligence, and care. I trust Sasan, and as he worked through my case, I realized I had made the correct choice in choosing him as my lawyer.
I highly highly recommend anybody to consider Sasan for representation. Through my experience, I know he will be the best person to represent you. Not only is he a genuine individual, but the care he shows makes it less like you’re hiring an ordinary lawyer, and more like you’re hiring somebody who is truly on your side and will fight tooth and nail for you. Thank you Sasan for everything! I appreciate all you’ve done!!
Partners at equity legal to a great job in a team atmosphere that allows me to get contact quickly from anybody that might be able to help me. They handled our events seamlessly and professionally.
I was fortunate enough to find Michael Palmer and Sansan Mirkarimo with Equity Legal LLP. They truly work as a seamless team at this legal firm. Michael, Sasan and Emily make an excellent team. Michael was available to guide us through the difficult maze. They demonstrated a very efficient manner in resolving our legal issue with a successful outcome. We were absolutely thrilled and I wish that I would have found them even sooner.
Professionalism, honesty, and kindness are unsurpassed.
I booked a consultation and it was so helpful. He was so informative and truly cared about what was happening to me. I had another consultation with a different law firm and it was truly the worst, so grateful to have found this one!
Equity Legal did an amazing job, helping us figure out the issues and walking us through all the steps. We decided not to file a lawsuit, but all the letters and the work the great attorneys did for us helped us reach settlement on some issues, and the other issues went away because of our attorneys’ help. I greatly respect these crackerjack attorneys – super smart and dedicated to working for you – you won’t be disappointed!
Saying they did a great job on my case would be an understatement. This firm walked me through some of the most difficult times of my life and I was happy I found them when I did. Even after my case was settled they maintained communication to make sure I was happy with the outcome. Their service and customer service was priceless.
Equity Legal did what two other attorneys before them couldn’t do and that was to take a bankruptcy, pending foreclosure, mortgage lien, an uncooperative title company mess and unravel it all. They found an extra $10,000 the title company wasn’t telling us about. That was a bright spot for sure. It allowed us to walk away with nothing but oweing nothing. It sounds ridiculous but ultimately they forced the lien holders to take a $200,000 payment, while at the same time had to force the title company to turn over the money to the lien holders. Anyhow, I don’t want to go into a ton of details, Equity Legal did a good job, they were affordable and kept me informed of what was going on and that’s what’s important. In the end they put a stop to what was a horrible situation and I am greatful for that.
Equity Legal helped me with a secondary home mortgage issue. Their staff excels in issues regarding home loans contracts, and questions regarding the best course of action. I recommend using their services if you have questions about the direction to go with issues with mortgage contracts.
Wonderful! Had a quick consultation over the phone , I had a few questions in the event of needing assistance. The attorney I spoke with was wonderful, knowledgeable, patient with my questions and thorough. If I do need representation, I will be hiring Thank you
Sasan is a clear communicator, diligent, professional, and strategic. Legal knowledge is critical, but this level of interpersonal skills is a secret sauce not everyone has. Highly recommended.
I have had the pleasure of meeting Sasan Mirkarimi this year.
My son was placed on Sasan’s pee wee basketball league team.
While a parent always expects their child’s coach to be able to teach them elements of whatever respective sport, Sasan far exceeded our expectations.
Sasan was kind, warm, skilled, engaging, encouraging, and dedicated. Not only to the players but to the parents as well. He was always approachable and his communication was outstanding.
Every child on the team and every parent felt recognized, appreciated, and heard.
Sasan’s coaching style truly reflects his character, which is probably part of why he led his team to an undefeated season (not that that mattered to Sasan. His main focus was to ensure the players had fun, which they did).
Sasan is an upstanding man of great character. His values are amazing. He is also an extraordinary father and husband.
My family is blessed to know him.
Sasan Mirkarimi is not only a phenomenal attorney but also an incredible and passionate basketball coach to our son. His love for the game is clearly proved in his tactical strategy as well as his emotional connection with his athletes. We are very thankful to have Sasan as a coach, mentor, legal consultant, community leader and friend.
equity legal is my go to for any real estate questions i have (and i have A LOT)! they’re very knowledgeable, polite and professional. i always leave the conversation satisfied and confident with their insight and advice.
I recently had the pleasure of working with Sasan and Brenda as my legal counsel, and I cannot express my gratitude enough for the outstanding experience I had. From the very beginning, I felt confident and reassured by their expertise and professionalism.
Sasan and Brenda truly went above and beyond in every aspect of my case. Their depth of knowledge and attention to detail were impressive. They took the time to thoroughly understand my situation, actively listening to my concerns and questions, and providing clear explanations in a way that I could easily comprehend.
What truly sets Sasan and Brenda apart is their exceptional communication skills. They promptly responded to my calls and emails, keeping me informed and updated throughout the entire process. I never felt left in the dark or unsure about the progress of my case. Their ability to break down complex legal jargon into simple terms was immensely helpful, making me feel more at ease and involved in the decision-making process.
Moreover, Sasan and Brenda demonstrated remarkable professionalism and dedication. They were always punctual for our meetings and showcasing their respect for my time and the importance of my case.
Working with Sasan and Brenda felt like having a trusted advocate by my side, fighting for my best interests. They displayed unwavering commitment and determination throughout the entire process. I felt supported, empowered, and confident in their ability to navigate the complexities of my situation.
I would highly recommend Equity Legal and Sasan and Brenda to anyone in need of legal representation. Their expertise, integrity, and exceptional client service make them a top choice. Thank you, Equity Legal Team for your outstanding work and for providing me with peace of mind during a challenging time. You are truly an exceptional attorney, and I am grateful for the positive outcome you achieved on my behalf.
I found this firm by doing a search for Tree Attorneys. Who knew such a thing even existed? But I hired them for an initial phone consultation and Sasan was very thorough and provided me with a lot of good ideas and feedback. I appreciated that. I did wish that the firm offered more of an a la carte service and shared this with them. With that said, I was definitely satisfied with the service provided. Thank you, Sasan!
I had the pleasure of working with Luiey Haddad from Equity Legal LLP, and I can confidently say that he is exceptional at what he does. Luiey’s communication skills are outstanding, as he took the time to listen to my concerns and explain legal matters in a way that was easy to understand. His extensive knowledge of the law was evident throughout our interactions, and he provided valuable insights and guidance. What stood out the most was Luiey’s genuine care for his clients. He consistently went the extra mile to ensure my needs were met and that I felt supported throughout the process. I highly recommend Luiey Haddad and Equity Legal LLP for anyone in need of a lawyer who is both knowledgeable and truly cares about their clients’ well-being.
I wanted to express my utmost gratitude to Sasan for coaching my son’s basketball team. My son began the season with zero knowledge of basketball fundamentals and, to my amazement, evolved into a commendable defender. Sasan’s coaching style was a magic blend of patience, strategic smarts, encouragement and just the right sprinkle of humor. He balanced the varied skills and energy levels of a bunch of youngsters with grace, and led them through a very successful season. Thank you for teaching the kiddos about teamwork, responsibility, and the importance of a positive attitude. You are such a good role model for us all!
I had the pleasure of working with Luiey Haddad from Equity Legal, and I couldn’t be happier with the experience. Luiey’s great communication skills kept me well-informed throughout the entire process. With his extensive experience in real estate law, I knew I was in capable hands. Luiey’s attention to detail was impeccable, ensuring every aspect of my case was thoroughly examined. I highly recommend Luiey Haddad and Equity Legal for their professionalism and outstanding results
Sasan has helped with quick consultations to alleviate concerns on small items (before they turn into anything larger) many times. Extremely responsive and professional. Would wholeheartedly recommend to anyone who is looking for quick guidance and having trouble finding someone who won’t nickel and dime and sees the bigger client relationship picture.
I can’t say enough about my experience with Equity Legal! They were exceptional from customer service to knowledge and understanding of our unique needs.
The team at Equity Legal are excellent and provide quality service. They are knowledgeable and highly skilled. I believe in their work and their ability, and greatly appreciate their support. Would definitely recommend them for Real Estate and Business litigation.
Sasan has been an amazing resource to me as I navigate my legal issues. The process to book a consult is streamlined and you will be kept in communication until your call time. I had a great experience with them the first time and decided to use them again. I of course do not wish any legal troubles on you but if you need help in the arena they specialize in I urge you to try them out.
I had been approached from a utility company to put an underground easement on my property with a phone call one day. The person who called me said it was really easy and that they wanted to meet me right away to notarize and sign a document with them. I did not feel comfortable and didn’t realize all the ramifications a utility easement would have on my property. I asked the utility representative if I should have a lawyer review their proposal and he said I do not need to involve lawyers. That is when I really felt uncomfortable and looked online for a San Diego County easement lawyer and found the Equity Legal LLP website. I filled out the intake form and a person emailed and called me shortly after and set up a phone appointment with Luiey Haddad. Luiey called me and was very helpful on the phone explaining the ramifications of an easement and how he could review documents and help and what to be concerned about and what legal fees would cost for a retainer. The utility company as since notified me that they are not requesting an easement on my land, however there are still some issues with vacating an old line once they put in the new underground line on a neighboring property that I might have Luiey review for me. I really appreciate his feedback to help put in context what my land owner rights are.
Thank you so much to Sasan Mirkarini for taking the time to advise us. His vast knowledge about easements, property disputes and experience was invaluable. He’s kind and speaks in a way that an easily understood. He laid all of our options, the cost, and gave us a plan to proceed. Very helpful and very professional.
Sasan helped me recover damages on my property during a very stressful time in my life. They guided me through the whole process never gave up on my case. I was able to recuperate all of my losses! I’m so grateful i found this firm to help me.
I’ve had the best experience with the team at Equity Legal LLP. Sasan Mirkarimi was representing me for my case. The whole team was on top of it and he handled my case with care, compassion and expertise. I highly recommend this team for your legal needs. I had full disclosure on the fees, what they are doing, when they are doing it and we maintained great communication through out the process. I would use this team and specially Mr Mirkarimi if I ever need those kind of services.
Sasan, Briana and the entire staff at Equity Legal hit the ground running and provided excellent communication throughout the legal process. We had a messy situation on our hands, but they weren’t hesitant to jump in and do some tough negotiations. They worked tirelessly to achieve our goals. Ultimately in the end, Equity Legal ended up settling the entire case for the exact target amount we hoped for. It was absolutely the best-case scenario for our situation. Maybe most importantly, throughout the process my husband and I had peace of mind that a professional team had our backs. I’d recommend them to anyone!
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