Home didn't sell? Let's fix that call (949) 322-4567
Home didn’t sell? Let’s fix that call (949) 322-4567
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2. Tour Property
3. Rebrand, Launch, Close
About Mercy House Real Estate
Mission Statement
Residential and Commercial Real Estate
Our Mission
Mercy House Real Estate is honored to be teaming up with The Vineyard and Mercy Warehouse in Laguna Niguel, serving our community with excellence, integrity, and compassion.
Purpose-Driven Real Estate
A portion of every residential and commercial sale is dedicated to providing housing and essential support for widows, orphans, and the fatherless throughout our region.
Our heart is to offer not just hope, but dignity, stability, and a path to a brighter future.
Selling Your Home With Impact
When you sell with Mercy House Real Estate, you receive expert representation and help transform lives through real housing solutions.
List with Love. Live with Impact.
Equity Property Sales Division
Monarch Bay Dr, Dana Point sold $4.5 with land lease
I have encountered many Real Estate brokers in my time, some good and some not so good, so hiring Rick to sell my home in Monarch Bay pushed the envelope further in so many ways, and all of them are good! realestate for sale selling your home real estate sales
Big Rock Dr, Malibu sold $3M
This remarkable property in Malibu was sold in just 91 days! It captured significant attention and interest from buyers, making it an outstanding opportunity. Don't miss your chance to own a stunning piece of paradise like this! Although the previous structure was destroyed in a fire, the newly built property remains safe and intact.
What is a Equity Sale
An equity real estate sale occurs when a homeowner sells a property for more than the mortgage amount owed. Currently 95 % of our transactions are equity sales, showcasing the successful outcomes we facilitate.
What is a Distressed Property?
A distressed real estate sale is a property that is being foreclosed on. After not paying a mortgage for 90 days the bank has the right to file a Notice Of Default. If the notice is not attended to it usually ends in a Sherrif Sale or Foreclosure Sale date. We are experts at handling all these matters defending the homeowners.
Coastal to LaQuinta Reviews
Dana Point - Monarch Bay
Terry Jones
Jack In The Box Franchise Owner
Dana Point, Ca
I have encountered many Real Estate brokers in my time, some good and some not so good, so hiring Rick to sell my home in Monarch Bay- Dana Point pushed the envelope further in so many ways, and all of them are good! His upbeat attitude is not forced, but a genuine reflection of his outlook on life, and his willingness to help me improve, clean & present the home in the best light, was over & above what I had expected. He had many ideas about the custom marketing of the property and employed an excellent photographer and even a drone for those eye-in-the-sky shots of my home. We had many open discussions on the pros & cons of various tactics, some of which were very intense, but through it all we maintained a great working relationship, which culminated in the sale of my home. Rick is passionate about his profession and has many fresh & interesting ideas on how to achieve set goals, so if you are looking for someone to represent you either selling or buying property, especially along the beach cities, you would be hard-pressed to find someone better than Rick Colson, alias ‘Rick the Realtor’.
Malibu Beach
Cathy Hoover
Horse trainer & friend
Rick and I grew up next door to each other in Malibu, so when it came time to sell our mother’s beach home, calling him felt natural. He treated our family like his own, leveraged his strong network, and delivered a fast, top-dollar sale. Professional, thoughtful, and truly outstanding.
La Quinta
Brina Horiwitz
Business Owner & Real Estate Entrepreneur
Rick Colson is simply outstanding. He helped our family sell our La Quinta home for top dollar in a remarkably short amount of time, and the entire process was smooth, professional, and genuinely enjoyable from start to finish. Rick’s market knowledge, strategy, and communication gave us complete confidence every step of the way, and he made what could have been a challenging transition feel easy.
We were so impressed with our experience that we immediately listed our beach house with him as well. Once again, Rick delivered—he found the right buyer, negotiated a great price, and closed the deal seamlessly. Both transactions exceeded our expectations, and we couldn’t be more pleased with the results.
If you’re looking for a real estate broker who truly delivers, puts clients first, and gets exceptional results, Rick Colson is the one. We recommend him without hesitation.
Santa Barbra Montecito
Frank & Linda Savalle
Real Estate Developers
Rick delivered exceptional results, selling my Santa Barbara homes for top dollar in a remarkably short time. He stepped into the market, repositioned the properties, and executed a strategic launch that outperformed local agents. Watching him work was impressive — and the results spoke for themselves.
Laguna Beach
Dr. Dave & Joanne Trotter
Real Estate Investors
Rick was amazing. My wife and I spent five months searching for the right home in Laguna Beach after a bad experience with our last purchase back east. This time, we wanted a true professional. Rick guided us patiently through every step, encouraged thorough inspections, and protected us from costly surprises. When we finally found the perfect west-facing beach house, he helped us close with confidence. We’re incredibly grateful and highly recommend Rick for any real estate needs.
Laguna Niguel
Lawyers Realty Group Ca. #1 Real Estate Attorney in Ca.
Derik N. Lewis, ESQ
"I’ve known Rick for over a decade, and, during that time, he has consistently demonstrated his skill and dedication as a Realtor. Rick takes the time to listen to his client's needs and concerns, and he goes above and beyond to ensure that they are satisfied with the outcome, Rick is simply a great person. Through some of the most challenging times for the Southern California real estate market, Rick has remained steadfast in his efforts to help his clients achieve their goals. What sets Rick apart from other Realtors is his genuine care for his clients. He is kind, compassionate, and always willing to lend a helping hand.
Malibu Beach
Jay Rubenstein, Broker
$1.6B per year in sales
Compass, Malibu, Ca,
Rick is my brother-in-law, and I’ve known Rick for over 51 years. I find him to be a very trustworthy person who loves to help people with all types of Real Estate needs. He is also patient, and kind and loves to work selling homes from Dana Point, La Quinta, Santa Barbara, to Malibu.
Laguna Beach
Kristen Baberaki
Super Star Title Representative
Rick is a one-of-a-kind Realtor. We done many deals together over the years, and Rick Colson cares deeply for each of his clients, and everything he does is for their benefit and best interest. I highly recommend the services of Rick Colson if you are looking to buy or sell Real Estate in Southern California!
Contact Us
Have a question or want to schedule a showing? Contact us today at (949) 322-4567
Distressed Property Division
Home Owner Bill Of Rights - Using the best real estate Lawyers since 2009 to assist homeowners at no charge!
California Foreclosure Protection Guide (2026)
Mercy House Real Estate & Forclosure Solutions!
Sleep Better at Night
Know Your Rights • Protect Your Equity
Mercey House Real Estate — Foreclosure Advocacy & Homeowner Protection Division
If you’re 90 days behind on payments or facing foreclosure, you still have rights, time, and powerful legal protections under the Homeowner Bill of Rights. Our role is to educate, guide, and help California homeowners make smart, safe, and confident decisions without fear.
✅ How Much Time Do You Really Have?
Most California non-judicial foreclosures take 6–9 months from the first missed payment to auction.
That means you likely have options — and you shouldn’t panic.
📅 Foreclosure Timeline at a Glance
Missed Payments (Days 1–120)
Banks generally cannot start foreclosure until you are 120+ days delinquent.
Notice of Default (Starts 90-Day Reinstatement Period)
This officially begins pre-foreclosure.
Notice of Sale Filed
If unresolved, the sale is scheduled.
Auction — No Sooner Than 21 Days Later
⏳ Powerful New Protections: AB 2424
Homeowners can legally delay a foreclosure sale while attempting to sell:
✔ 45-Day Delay — submit signed listing agreement
✔ Additional 45-Day Delay — submit a bona fide purchase contract
➡️ Up to 90 extra days of breathing room.
This can:
✔ Protect equity
✔ Prevent foreclosure on record
✔ Reduce stress
✔ Create options instead of panic
⚖️ Foreclosure vs Short Sale — Tax Considerations
Many homeowners receive:
- 1099-A (Acquisition/Abandonment)
- 1099-C (Cancellation of Debt)
Forgiven debt may be considered taxable income depending on:
✔ Insolvency status
✔ Federal relief rules
✔ Primary vs investment home
✔ Recourse vs non-recourse loan
✔ California vs Federal differences
📌 Every situation is unique — always consult a CPA or tax attorney.
🧾 Recourse vs Non-Recourse Loans — Why This Matters
Understanding your loan type can affect whether the bank can seek additional money after foreclosure.
Non-Recourse Loans
Often, the lender’s remedy is limited to the property only.
Recourse Loans
In some situations, lenders may have the right to pursue remaining debt.
This can impact:
✔ Financial exposure
✔ Tax outcomes
✔ Whether short sale, modification, or alternative strategies make sense
📌 This is a legal issue — speaking with a qualified California real estate attorney is strongly recommended. Call (949) 322-4567 to see if the attorneys can take your file for free.
🌟 Possible Relief on the Horizon
There is active federal discussion regarding extended mortgage terms (possibly up to 50 years) for qualifying distressed homeowners if approved and implemented.
Potential benefits:
✔ Lower monthly payments
✔ Financial reset opportunity
✔ Foreclosure alternative
We stay alert so homeowners are informed of safe, legal relief programs as they develop.
🛡️ Who We Are
I am a Foreclosure Advocate and Real Estate Broker who's worked with Real Estate Attorneys since 2009 and am committed to:
💪 Protecting California homeowners
📜 Supporting you through the Homeowner Bill of Rights
✔ Exploring safe, legal options
❤️ Reducing fear and restoring peace of mind
You deserve clarity. You deserve dignity. You deserve support.
📞 Don’t Let the Bank Decide Your Future.
Whether you want to:
✔ Save your home
✔ Gain time
✔ Protect equity
✔ Understand recourse risk
✔ Explore short sale vs foreclosure
✔ Get real guidance, not fear
You don’t have to navigate this alone.
🔵 Call Now for a Compassionate, Confidential Conversation with me and the best real estate attorney for your situation.
Mercy House Real Estate • Foreclosure Advocacy Division #01799125
Helping California homeowners protect what matters most.
Rick Colson, Broker and Founder!