The difficult economy and job loss are factors that have a huge impact on the housing market, especially in many cities in California. Many unfavorable circumstances have put homeowners in a very tight financial situation. When financial constraints are too much, mortgage payments are often sacrificed to cover more pressing needs. Defaults in mortgage payments will prompt the lender to send out a notice of default to the borrower. If no prompt is taken to stop the lender, this will further … [Read more...] about Real Estate Lawyer Los Angeles