Struggling with an Upside-Down Mortgage in California? Here are 4 Proven Approaches to Help You Out.

As a homeowner, it can be frustrating and disheartening to find yourself upside-down on your mortgage or owing more than the current market value due to reasons such as being involved in an aggressive bidding war when purchasing the property, falling behind on mortgage payments, or because of decreasing property values. When time is of the essence and you have to sell your property quickly, it’s natural that you’d want to do so without making any expensive errors. Therefore, it’s essential to investigate all potential options prior to deciding anything. Don’t let yourself feel boxed in – take advantage of alternatives available!

To make sure you are making the best decision for yourself, it is important to take your time and assess each option carefully. Once armed with all of this knowledge, you can confidently choose which path will be most beneficial for you. So read on as we explore four things you can do if you are upside-down on your mortgage in California.


If you are facing mortgage troubles in California, the first step is to assess your situation and plan accordingly. Get an accurate figure of what balance remains on your loan by contacting your lender, then hire a qualified appraiser who can provide concrete numbers for you to work with.

When you work with Central Coast Home Buyers, our professional buyers will help you make the right choice for your future. They will outline what listing can bring to the table compared to a cash offer, where no preparation or repairs are necessary before closing. We believe in transparency and giving all the details used to calculate our offer so that after closing, you feel as if it was an agreement made on fair terms.

Short Sale

When you find yourself struggling with mortgage payments in California, it is natural to explore all available options. A short sale may have some consequences, but these do not compare to the damage of claiming bankruptcy or having a foreclosure on your credit report. At Central Coast Home Buyers, we are experienced negotiators who can work out a beneficial solution for both parties involved – making it easier and less stressful for those trying to sell their home in California. With our professional buyers and knowledge of the market, let us help you get back on track!

Pay the Difference

If you’re in a tight spot with your mortgage in California, then one viable option is to sell your property and bring the proceeds of the sale to closing table. Here at Central Coast Home Buyers we understand this issue all too well, which is why we offer fast and fair direct sales for homes here in California. With us there are no hidden fees or expensive real estate commissions – just straightforward solutions that will help you get back on track. At Central Coast Home Buyers, we pride ourselves on transparency and always ensure our customers have a smooth process when dealing with us. Our in-house team of professionals provide you with the best customer service, so there are no hidden costs or fees that could delay your closing date. Plus, unlike other companies, we don’t charge any additional closing costs! Contact one of our skilled buyers to discuss selecting the most ideal calendar day for you to close seamlessly.

At Central Coast Home Buyers, our experienced buyers are the ideal option if you’re struggling to keep up with your mortgage payments in California and need to sell. Our team is devoted to taking time for each seller, assessing their case thoroughly so we can come up with a resolution that works best for them. Reach out to us if you have any questions or doubts regarding the direct sale of your California home. At Central Coast Home Buyers, we are members of your local community who work hard on providing sellers with individualized solutions, one house at a time. So why not find out for yourself what kind of positive impact a direct sale could make by speaking to an expert buyer from Central Coast Home Buyers, free and without commitment? Call Central Coast Home Buyers at (805)505-7373.

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