Archive for the 'Short Sales' Category

Is It Time to Consider a Short Sale?

The short sale market is picking up speed. A nationwide survey of real estate agents conducted by Campbell Communication, Inc. just last month found that 20% of completed home sales in the fourth quarter across the country were short sales or pre-foreclosure sales.
 For home owners in distress over declining property value and upwardly adjusting payments [...]

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Higher inventories and increases in the rate of foreclosure is a looming threat to home prices.

In the past 12 months the inventory of unsold homes in the seven counties that comprise the metro area has grown from around 23,000 to over 27,000. Along with growing inventory of housing, the rate of foreclosures is also growing.
 In March, the State of Colorado reported 5392 homes entered the foreclosure process. This is the highest [...]

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How to stop Foreclosure FAST!

There are programs to help stop foreclosure regardless of your situation.
 
With the right help, virtually any foreclosure situation can be successfully resolved. Our agents have helped other homeowners to stop foreclosure and we can help you too.
 
When facing foreclosure Time is of the Essence.  You MUST act fast to protect your rights.
 
Many people needing help [...]

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Reasons for Pending Foreclosure

Apart from those who knowingly participate in mortgage fraud — with the intention of never making a single payment — most homeowners face sudden extenuating circumstances that force them to stop making timely mortgage payments. Here are a few of those reasons: 
 

Job loss / unexpected unemployment  
Sudden illness or medical emergency  
Death in the family [...]

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Ways to Avoid Foreclosure

The best way to avoid foreclosure is to prevent the filing of a Notice of Default. Lenders do not want to foreclose but will file a Notice of Default to protect their interests, if necessary. If you know you are unlikely to meet your mortgage obligation, the first thing you should do is call your [...]

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