Many areas of Colorado have been affected by foreclosures, this happen by some factors that I already explained on some my past blogs. Facing foreclosures in Colorado other link that you should read
When a property it is in foreclosure means that a lenders already transferred to a deparment whose job is to decide whether and when to send the loan to the lawyers who handle the lender's foreclosures in Colorado. Many lenders use law firms who are not in the lender's company.
Try to avoid foreclosure in your property, I have posted also some other blogs about short sales and very helpful tips.
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Thesa,
Yes, but everything will be great after a while for sellers, for buyers it is awesome these days :)
thanks for posting
Ray Saenz
Theresa,
There are a lot of military personnel here but I did not think a lot of the foreclosures were military personnel. Being an ex-military member myself, they have always known about ARMs and have had the choice to use them or not. I believe here in Colorado now, it is everyone that has an ARM, in a divorce situation or other circumstances that has caused it to be so numerous.
Thanks,
Dr. Taffy
as soon as I get the time to look them I will add them here, thanks :)
Ray Saenz
thanks for the update, I always appreciate your great comments and I learn always together with you.
Ray Saenz
Dr. Taffy,
Thanks for add your comments here, it will be good if we work on the topic together, it is a hot right now about the foreclosures and short sales. again, thanks for your thoughts and comments.
Ray Saenz
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