Try using HousingMaps.com . Most likey you use Craigslist to find a rental property and if so Housing Maps is a Craigslist Mashup (what’s a mashup?).  It combines rental listing from CL with google maps and let’s you sort by price range and all the variables offered on Cl already.  It’s a handy tool that can save you time clicking and mapping prospective locations.

I read this article from the San Jose Mercury News and it looks to me like Foreclosure trends in California are lagging the nation.

While 29% of foreclosure in the first quarter for the nation were made up of fixed rate mortgage or loans considered only for the most credit worthy California’s number stood at 19%

The increase in fixed rate loan foreclosures is attributed to the overall health of the economy and rise in unemployment.  In this California Loan Modification office this is the number one hardship faced with sub-prime and other mortgage holders.

So, why are the number for fixed rate loan foreclosure so much lower in CA?  Is California’s real estate market lagging the nation, is it because of higher average home prices, and a higher cost of living?

The California Loan Modification office of Trinity Mutual offers loan modification services to Spanish speakers.  They are a DRE licensed Loan Modification company along with attorney services and forensic loan document review.

Whether your mortgage was created lawfully or not will be determined by an attorney, further you they offer full financial review prior to accepting any fees.  You will receive an objective review of your position and the possibility of a getting your mortgage loan modified instantly.

The Center For Responsible lending reported that there has been 1 Million Foreclosure filed so far in the U.S. for 2009.  That’s an average of 6500 foreclosures/day, and this number is estimated to hit 2.4 millon by the end of the year based on trends

Meanwhile the Mortgage Relief Plan launched by the Obama Administration has helped about 60K homeowners. We consider this to be a very insignificant portion of a BAILOUT simply by looking at the numbers above and the magnitude of the housing crisis.  60K vs 1 Million will not get us out of the housing crisis.  At the same time it’s better than nothing, right?

The bottom line is you need to reduce your house payments in order to make the house affordable.  With unemployment rates increasing and in effect creating doward pressure on wages there is no other option than to consider loan modification.  It can’t hurt to try and reduce your payments on a home loan that is underwater.  Trying is free, and the worst thing that will happen is that the bank will say No.

If you need a loan modification company to help you understand your option contact Trinity Loan Modification .

An anti-foreclosure bill that would have helped individuals filing bankruptcy in order to avoid foreclosure was defeated today by the Senate. Most major news sources including this story from Yahoo Finance via the Associated Press stated there was strong lobbying by banks to stop the bill.

Whether this was a good decision for homeowners or not will be debated in the coming months or until the housing crisis goes away and our economy rebounds. Don’t forget that you and I whether facing foreclosure or not are currently invested in said lobbying banks through TARP and the stimulus plan. The banks and there toxic assets made up of bad mortgage loans is the reason we’re in this mess and whether we like it or not their word is going to make a big difference in what the government does. This is not about Obama, you, or me, it’s about getting the banks back on their feet so that they can start lending at greater and greater rates. This is a decision that was hinged on the entire country not just the 8 Million facing foreclosure.

This is obviously bad news for some homeowners facing foreclosure. Homeowners will have to reconsider their options and either walk away, short-sell, or make a solid attempt at modifying their home loans. At the same time we want to say that bankruptcy is not the end of the world. In fact in some cases it’s encouraged by Trinity’s Loss Mitigation Consultants. Yes your credit will be ruined but your credit was not created overnight and now you have a chance to rebuild your financial position into one that will be stronger than it ever was. This is a big decision, we know, and a difficult one, the sooner you face it the sooner you’ll have a chance to rebuild your future.