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 […]
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 […]
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 […]
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!
