Home Equity Conversion Mortgage (HECM)

Loan option for current homeowners, 62 years of age or older, developed by the Federal Housing Administration (FHA) and designed to release equity in a property as one lump sum or a series of payments with the loan repayment obligation being deferred until the owner dies, the property is sold or the owner leaves. Also called a Reverse Mortgage.

Starting a foreclosure is as easy as
  1. Click on the "Get Started Now" button below.
  2. Complete the secure online form, or download a printable version.
  3. Submit the form securely via the website, e-mail, fax, or mail it to us.
Frequently Asked Questions
If someone is in the property after I become owner how do I get them out?

You should consult an attorney; however you can ask them, offer them money or sue them for "Unlawful Detainer", an eviction action. Your legal counsel can advise as to cost and time frames.

Foreclosure Statistics
2009 To 2014 Foreclosure Statistics for San Luis Obispo County, California

This document details the number of Notice of Defaults, Notice of Sales, and Trustee's Deeds filed in San Luis Obispo County, CA from January 2009 through 2014. For review of data prior to 2009 please contact our office.

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