2016: Foreclosures Continue to Drop

Recent Posts

Love Where You Live: Can’t Miss Spots to Seek out Fall Foliage

8 Ways to Attract Homebuyers in The Fall Real Estate Market

Top 10 Vineyards in Grand Junction and Palisade

Designer Premier: Tips and Tricks to Designing a Nursery

Top 5 Affordable Cities to Buy a Home Near Denver

2016: Foreclosures Continue to Drop

According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652 houses in the state).   Foreclosure starts in November were also down […]

Real Estate Lingo

Learning real estate lingo is an important part of buying/selling a home. Here are a few common words you may hear if you’re buying or selling a home. 1. Appraisal An appraisal is an assessment done by a certified appraiser justifying the purchase price for a property. The appraisal is usually based on an analysis […]

Waiting Periods Waived

The Great Recession that started in late 2007 forced many responsible Colorado homeowners into mortgage loan default and/or bankruptcy. Because of this, the Federal Housing Authority (FHA) realized that credit histories don’t always reflect a person’s true ability or willingness to pay on a mortgage, and on August 15, 2013, announced its shortening of the […]

Foreclosure versus Short Sale

In these difficult economic times, I am commonly asked whether it would be better to have a short sale or a foreclosure on ones credit report. The answer is complicated and has lot of moving parts.  A short sale shows up on your credit report as a “derogatory report”; however, it will usually show up […]

Great Short Sale Debate: Reflections from Linked In

As part of our series on Short Sales, we posed some questions to the Linked In community and I thought the questions and answers were worth sharing. As we have discussed, short sales can be a positive solution by helping one avoid foreclosure. Owners facing foreclosure have some hope and a way to relieve some of […]

Getting Good Advice in a Short Sale: Know the Players

How do you get good advice when considering a short sale? First, make sure your trusted advisor has extensive experience in the short sale world.  Research the process and the advisor, ask tons of questions, and be wary of anyone who thinks they know it all. Each bank has several short sale programs each with […]

Short Sale Frustrations: How Do I find the best deal?

Given the volume of short sales and default resolution cases that we help buyers and sellers complete, we hear a great deal of frustration expressed by all concerned.  The sellers have legitimate concerns about deficiencies, buyers have concerns about waiting around for what seems like an eternity, Realtors® wonder if they will ever earn their […]

The Great Short Sale Debate: Critical Steps in the Short Sale Process

There are a number of critical steps through the short sale process. Once the first lien holder has reviewed all the documents, determined they have a complete package, and determined that the seller is eligible to participate in a short sale program, they will order a broker price opinion (BPO) or an appraisal (this is […]

The Great Short Sale Debate: Is it worth it?

If you’ve heard of a short sale, you’ve probably also heard they take forever and are very uncertain. As a result, the question is, should you submit an offer on a short sale at all? If so, why? The answer is an unequivocal yes! However, you need to work with someone who really knows what […]

Easy Tips for Staging in a Short Sale

Easy tips to stage your home in the event of a short sale. First tip? Clean, clean, clean!

To speak with one of our brokers – Call 303-526-7400.

ALARIS Properties LLC, 25958 Genesee Trail Rd, Golden, CO 80401

Email us: info@alarisproperties.com

Text to: 303-907-7668