Denver Condos and Townhomes

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Colorado Foreclosures - Hotline Recieves $600,000 Grant

While most days we focus on helping buyers purchase Colorado Foreclosures, I wanted to highlight a great FREE service that helps owners in Colorado avoid losing their home to foreclosure.

The Colorado Foreclosure Hotline just received a two year, $600,000 grant to allow them to continue helping owners avoid the painful foreclosure process. This hot line boasts a 80% success rate and costs the owners absolutely nothing.

If you are reading this and you are facing the real possibility of foreclosure, don't just ignore it and hope it will go away. It won't. Too many people want to avoid the embarrassment and emotional pain involved in the foreclosure process and they never reach out for help. Don't make that mistake.

You have a number of options.

1.) Call The Colorado Foreclosure Hot line: 1-877-601-HOPE. Talk to a counselor and see if you can save your home

2.) Call Us: 303-817-0209. If you can't keep your home, you may be able to sell it as a Short Sale. A short Sale is almost always a better option than a foreclosure.

We've helped countless people faced with losing thier home. Don't be embarrassed. Pick up the phone.

 

 

 

Metro Area Foreclosure and HUD House Searches:
Aurora Foreclosures and HUD Homes, Arvada Foreclosures and HUD Homes, Brighton Foreclosures and HUD Homes, Broomfield Foreclosures and HUD Homes, Castle Rock Foreclosures and HUD Homes, Centennial Foreclosures and HUD Homes, Commerce City Foreclosures and HUD Homes, Denver Foreclosures and HUD Homes, Englewood Foreclosures and HUD Homes, Golden Foreclosures and HUD Homes, Highlands Ranch Foreclosures and HUD Homes, Lakewood Foreclosures and HUD Homes, Littleton Foreclosures and HUD Homes, Northglenn Foreclosures and HUD Homes, Parker Foreclosures and HUD Homes, Thornton Foreclosures and HUD Homes, Westminster Foreclosures and HUD Homes

0 comments • Brian Petrelli - MBA, GRI • March 15 2011 05:19PM

Colorado Foreclosures - Homeowners Aren't Getting Sales Money

 An interesting piece of news on Colorado Foreclosures. It seems that homeowners who had equity in their home when the foreclosure sale happened, may not be receiving the proceeds due them at sale.

This is one of the many dangers of just "walking away." We've seen several home owners who could have attempted a short sale or loan modification simply decide it wasn't worth it. When you walk away from a mortgage, you're giving up on a lot more than just your house. Make sure you consult with legal and real estate experts before you give up hope.

If you'd like to talk more Denver short sales and your options, give us a call at 303-726-1874. 

 From the Denver Business Journal: 

Many Coloradans whose homes are sold in foreclosure auctions aren't being told that they are owed money -- sometimes thousands of dollars -- from the sales.

The Denver Post's David Migoya reports that despite a state law requiring counties to turn over any proceeds from foreclosure auctions to homeowners after debts are paid, that doesn't happen in many cases. The Post found that homeowners in Denver, Arapahoe and Douglas counties alone were owned $653,000 since 2008.


Read more: Foreclosed homeowners aren't getting sales money | Denver Business Journal

 

 

0 comments • Brian Petrelli - MBA, GRI • March 08 2011 03:58PM