Expert Loan Modification TIP
Tips From The Expert: What You Need to know about Loan Modifications By: Julie Maeda If you are considering or are currently working with your bank in an attempt for a loan modification, here are some things you need to know before, during and after you apply: Do NOT wait until you are behind- In … Continue reading
Who’s The Boss? (foreclosure) Tony Danza, maybe
I grew up lusting for Alyssa Milano (and still do just a little) and thought Tony Danza was the coolest. Wow I’m old. (ok, now everyone SEGWAY!) Who’s the Boss? Who’s in Charge? Why can’t I get anyone to answer any question? Homeowners were thought to believe that they had some ownership in the home … Continue reading
Trifecta – and not the good kind
“Housing remains weak with a soft employment backdrop and difficult credit,” said Tom Porcelli, chief U.S. economist for RBC Capital Markets Unemployement is 9.5% (9.7% in colorado) The median home price dropped 5.2 percent in February from a year earlier to $156,100, the lowest since April 2002. And try to get a decent rate with … Continue reading
Homeowners Beware!!
When I say beware what I really mean to say is be prepared for what is about to happen when you are going to try to avoid foreclosure. If trying to avoid foreclosure entails a short sale, IT MEANS SELLING YOUR HOME. This new epidemic I have seen 4 times in the last two months … Continue reading
Who know what happens to your 2nd Loan in a SHORT SALE.??
It all depends on what the short sale acceptance letter says. The road to a completed short sale is long and frustrating. There are contracts that come in on your home, then contracts that fall away, the bank ignores offers, so on, so on, so on…… But once you can get a buyer and the … Continue reading
Topic of the Week.. Are banks really this stupid?
Simple Answer… Yes. Complicated… No. Simply answer, when it has to do with common sense and taking care of the customer the banks consistently fail in every topic and category. The lose documents over and over, they have lynch men call every night, the don’t relay information in their own systems to other employees, they … Continue reading
Compass Realty HOMES FOR SALE
first time homebuyers OR investors. Come one come all
Buying a home in a down market?
Yes, that is the answer. It makes perfect sense. Real Estate has seen declines never seen before. They are expected to drop another couple percentage points before staying flat for several years. SO why not just wait for the ULTIMATE LAST DAY of the housing slump and then buy right before the incline. If you … Continue reading
Foreclosure Filings up 4% from June.
Foreclosure filings were up 4% compared to June. This marks the 17 month in a row were filings topped 300,000. These recent numbers are down from 12 months prior but up considerably from June 2010. The moral of the story is this. 1) Foreclosure are NOT going away. 2) There are alot of people that … Continue reading
COME ON DOWN, You are the next contestant on……
WHAT’S MY HOME WORTH…..!!!!! For the hardest hit areas (cali., fla., nevada) home prices and foreclosures are still on the rise. Which in turn is causing values to fall. The midwest has seen meager declines. Check out MSNBC’s interactive map to how your value and unemployment rates are. http://www.msnbc.msn.com/id/29976394/ns/business-stocks_and_economy Next question, WHY? 1) shadow inventory … Continue reading
Denver Homes Blog (call 720 295 HOPE) 