You can't help but think about the housing market whether or not you are in real estate or not. The word " foreclosure" has become part of our every day vocabulary. And how sad it is, peoples hopes and dreams have been terminated. Nobody wants it to happen and it's not the kind of thing you plan for. The victims come in all shapes and sizes including the displaced pets that can not be taken along with the other family possessions.

 

In the last year I've helped three families find new homes. Not because there were behind in their payments, their landlords were late in their payments. The tenants claimed to be paying on time every time but none the less they were being booted out of their homes. My latest home buyer (ex-renter)  decided to make a temporary move immediately. The landlord said she could stay, no problem but the tenant didn't want to be there when the sheriff knocked on the door. Imagine, being kicked out of your home due to no fault of your own.

 

I draw no conclusions to this predicament. It just seems so unfair.

...................................................................................................

If you are a renter or first time home buyer living in Southern Colorado or the Pueblo area give Dena Stevens @ Colorado Western Rear Estate a call. I'd be happy to help. I also have a free program to help you shop for a home on your own from your own computer. The Home Buyers Network allows you to shop and compare homes in the privacy of your home. Call me when you find something you would like to see in person. I'm here to help!

 
Post is included in group: Colorful Colorado
Post is included in group: Home Staging 101

4 Comments on Renter hit the bricks!

As an REO agent I cant tell you how many times I have walked up to the front door to offer the keys for cash only to find out it is a renter who just paid their rent to an owner who told the renter nothing about being in foreclose. Banks are working with such lenders as best as theyare able. But yes Renters are losing homes thru no fault of their own.

 

05/19/2008 07:29 PM by Eric Reid Lawrenceville,GA (Renaissance Realty Group)


Landlords need to step up and own this. It takes a special kind of mean to let somebody to continue paying rent in good faith only to meet the sheriff at their front door.

05/21/2008 12:31 PM by JoEllen Stranger-Thorsen, Lake County, FL (Catherine Hanson Real Estate, Inc.)


Unfair, and sad. There are more victims of this problem than most people can imagine.

05/21/2008 05:58 PM by Elaine Manes IRIS~Colorado Stager ~ A Wonderful Space, LLC (A Wonderful Space, LLC)


There has to be a special punishment somewhere for people who do this. Some of these renters are paying more than what the mortgage payment is and can't save enough to get together enough for closing costs to buy a place of their own. It is a very sad state of affairs and the only good to come of it is a burning desire in these renters to become homeowners themselves so that this can not happen to them again.

05/23/2008 10:55 PM by Deb Hurt, ABR, e-Pro, EcoBroker, TRC (Exit Realty of Albuquerque)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Dena Stevens ~ Ecobroker ~So. Colorado Realtor        (Colorado Western Real Estate)
Dena Stevens ~ Ecobroker ~So. Colorado Realtor
Pueblo, CO
More about me…
Colorado Western Real Estate

Cell Phone: (719) 369-9087
Email Me
Real Estate with a focus is on energy efficiency, sustainablity, and the environment.

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find CO real estate agents and Pueblo real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved