In recent reports, US Foreclosures activities are statistically decreasing but for homeowners who are slipping into a mortgage payment delinquency, the fear of becoming a statistic is strong.
Foreclosure should be viewed as the last recourse after everything else has been explored and not the first choice of solution. Many Coloradans are fearful of their situations and do not realize that there are positive steps that can be taken to avoid foreclosure. Our focus with homeowners facing foreclosure is to give them hope of a dignified solution to their financial crisis through current lender loan modification, loan refinancing (short or long-term) or a short sale (a lender-approved sale at less than the outstanding loan balance.)
Over 85% of the clients served by CDPE real estate professionals avoid foreclosure. Alex Chafren, founder of the Distressed Property Institute, believes that homeowners surrounded by a strong CDPE real estate agent team including legal and financial referrals have the greatest chance of avoiding foreclosure and at minimal financial investment to the homeowner.
Our commitment to help save homeowners from foreclosure began after participating in several foreclosures, short sales, and bank owned transactions. Witnessing the helplessness, utter sense of aloneness and guilt felt by homeowners facing foreclosure compelled us to act as a homeowner advocate, lending a helping hand of expertise and compassion. Our 15 years of real estate experience, our commitment to education, strong marketing, systems development, and checklists, combined with our knowledge of the pre-foreclosure process, have given our clients a huge advantage in the epidemic of foreclosures.
Not having a clear understanding of the elements and consequences of foreclosure lead many homeowners to give up. There is a huge difference in "after foreclosure" as opposed to "life without foreclosure." We may not be able to save every house, but we can offer the saving hand to every financially distressed homeowner.
At The Bandy Team, we help Denver homebuyers as well as sellers with all their real estate needs. We will help you work through any issues that may arise in buying or selling a Denver property.
Our team of real estate experts can answer your questions and can show you some real estate in Aurora, including properties in Heritage Eagle Bend and a wide variety of homes in Saddle Rock. Our trusted professionals will be there to help you every step of the way!
Curious about the value of your Denver home? Click here for a quick estimated home value.
Until next time,
Marianne Bandy, Team Leader
The Bandy Team
Keller Williams Park Meadows
720-466-3790
Comments(0)