Wednesday, April 29, 2026 / by Vic Markarian
Top Real Estate Listing Agent in Granada Hills, CA, Advises Homeowners on Leveraging Mortgage Forbearance to Avoid Foreclosure
In light of recent economic challenges, many homeowners in Granada Hills, CA, are exploring ways to protect their homes from financial hardship. Vic Markarian, a leading real estate listing agent in Granada Hills, CA, is offering crucial advice on how mortgage forbearance can be an effective tool for homeowners looking to avoid foreclosure. With more than 30 years of experience, Vic provides homeowners with the knowledge they need to navigate temporary financial setbacks with confidence.
“Mortgage forbearance is a lifeline for homeowners facing temporary financial challenges,” says Vic Markarian. “It allows homeowners to pause or reduce their mortgage payments, giving them the time needed to recover without losing their homes.”
As one of the top real estate agents in Granada Hills, CA, Vic has seen firsthand how financial ...
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Thursday, May 22, 2025 / by Vic Markarian
If you’ve been shopping for a home lately, you’ve probably felt the impact of higher mortgage rates. To help manage monthly costs, some buyers are exploring adjustable-rate mortgages (ARMs) — and usage is on the rise.
But what exactly are ARMs? And are they safe?
Let’s break it down.
Why ARMs Are Making a Comeback
High interest rates and rising home prices are prompting some buyers to consider creative financing solutions. One of the most popular alternatives right now is the ARM — and the data proves it.
According to the Mortgage Bankers Association, the share of mortgage applications for ARMs has recently spiked to its highest level in over a year.
But if you’re concerned ARMs might bring back 2008 flashbacks, here’s what you need to know: today’s ARMs are very different.
How Adjustable-Rate Mortgages Work
As Business Insider explains:
“With a fixed-rate mortgage, your interest rate stays the same for the life of ...
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Thursday, April 24, 2025 / by Vic Markarian
You’ve likely heard this before: “The best time to buy a home was yesterday. The second best time is today.”
And while that sounds like a cliché, it holds a lot of truth—especially in today’s market. Homeownership isn’t about perfectly timing the market, it’s about time in the market. The longer you wait, the more you may end up paying.
Home Prices Are Projected To Keep Rising
Over 100 leading housing experts contribute to the Home Price Expectations Survey every quarter—and they all agree: Home values will keep rising through at least 2029.
Even though we’re past the rapid price spikes of 2021–2022, a steady growth of 3–4% per year is expected—a healthy, sustainable pace. And here in Los Angeles County, especially in hot zones like Glendale, Pasadena, and Burbank, local demand will likely keep prices trending upward.
Waiting Could Cost You—Literally
You might be thinking about waiting fo ...
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Thursday, March 13, 2025 / by Vic Markarian
Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if I lose my job?
Here’s the thing: every first-time homebuyer has these thoughts.
The homebuying process has always been a mix of excitement and nerves, and that’s completely normal. Here's some information that can give you a bit of perspective, so you don’t have these concerns.
Focus on What You Can Control
Since homeownership is new to you, you’re probably feeling like it’s hard to know what to budget for. And that can be a bit scary. You’ll have the mortgage, home insurance, and maintenance to think about – maybe even lawn care or homeowner’s association (HOA) fees. It’s easy to let the dollar signs be overwhelming. Ask ...
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Sunday, March 2, 2025 / by Vic Markarian
Recent natural disasters have left many homeowners in Granada Hills, CA, and surrounding areas facing financial uncertainty. For those struggling to keep up with mortgage payments, Vic Markarian, a top local real estate expert, is encouraging homeowners to explore mortgage forbearance as a valuable relief option.
What is Mortgage Forbearance?
Mortgage forbearance allows homeowners to temporarily reduce or pause their mortgage payments during financial hardship. This option can be crucial for those affected by recent disasters, providing much-needed relief while they recover.
How Homeowners Can Benefit from Forbearance
According to Vic Markarian, a trusted real estate professional with over 30 years of experience, homeowners should immediately contact their mortgage lenders to discuss available forbearance programs. Lenders often provide temporary payment relief, ensuring homeowners don’t fall into foreclosure while recovering from unexpected challenges.
"Many homeowners k ...
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