The foreclosure process is slow in a normal business climate. Foreclosures all over the nation are inundating the banking system and bogging down the process. Banks are under staffed. Personnel have more files than they have time. Loss mitigation departments can't respond to the home owner in trouble. It takes persistence, to speak with someone who can help.
Each state has a different set of procedures for the home owner to wade through. The procedures are usually written by attorneys and are in legalese. Stressed out, broke and frustrated home owners are helpless as how to proceed through the system. It is a morass of red tape.
The Government will help you say.....good luck to us all.
I attended yet another foreclosure class ...this one was given by First American Heritage Title Company and was the best yet for explaining the Colorado Foreclosure Process. They have generously allowed me to post this time line to foreclosure.
If you are about to go into foreclosure in the Grand Junction Co Area give me a call and I can help you sell your house before all is lost. If you are interested in buying a foreclosure call me @ 970 464 1000
To find out about the process click on this link ForeclosureTimetable FAH 06-07.pdf
Please visit my blog at www.RealtyinGrandJunction.com
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