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Decline in Colorado Springs Foreclosures

by Alan Daniels

‚ÄčColorado Springs Foreclosures are down 11% from last month according to an article in The Gazette and are on a roll to be at the lowest level in 14 years.  This is a great sign for the market and is a product of the much improved Colorado Springs real estate market.  A better job market, increased property values, lack of supply, and increase in housing demand are the main reasons for this great news.  

This is great news for homeowners trying to avoid foreclosure who are listing homes with Colorado Springs Short Sale Agents.  Short sales are still hitting the market but the number has gone down following the trend of foreclosures.

This is bad news for investors trying to find Colorado Springs Foreclosures and Short Sales but if they use the right tools to get a jump on listings they should have a chance.

Resources and Tools:

 

Our News 5 Appearance on NBC - Home Prices Are Up

by Alan Daniels

Here is the Video showing our appearance on News 5 this summer discussing the positive change in the Colorado Springs Real Estate market.  Some of their stats are off but it will give you an idea of what is going on in the market this year.  Thanks to our client Mark Stanforth for making an appearance on the spot!  Visit this link to see the real stats in the current market.

Short Sales At 3 Year High Surpassing Foreclosures

by Alan Daniels

Colorado Springs Short Sale ProcessShort sales are at a 3 year high and have actually surpassed the number of bank owned sales nationally according to recent reports.  This is a huge sign that short sales are working and the banks have to agree.  The short sale process is much more of a win for both the banks and homeowners.  This is why it is important for homeowners to educate themselves on short sales as an option to avoid foreclosure.  Make sure to contact an expert short sale agent in Colorado Springs to explain the process along with the benefits of avoiding foreclosure through alternative options.  It could save you years of grief!   

Colorado Springs Short Sale Help and Online Resources

by Alan Daniels

Colorado Springs Short Sale AgentWe are proud to share that our Short Sale site has just been upgraded!  Share this site with anyone you know who is facing foreclosure as they will find tons of options and free resources. 

You will find information on short sale services from top Colorado Springs Short Sale Agents.  Helpful Information will also be found for defining what a short sale is, the major differences between a foreclosure and a short sale, 9 different ways to avoid foreclosure, informational videos, Colorado Springs short sale updates, and much more.  

Contact us anytime with questions on the short sale process and if it is right for you. 

Colorado Springs Short Sale Agent - Avoid Foreclosure

by Alan Daniels

Short Sale Realtors - The Daniels Team of RE/MAX has helped numerous families avoid foreclosure this year and intend to help even more in 2012!  Please visit DanielsTeamCares.com to find out more on how we can HELP you or anyone you know facing foreclosure.  Short Sale Agent in Colorado Springs

Our CDPE (Certified Distressed Property Expert) certification is just one reason we are one of the top Short Sale Realtors in Colorado Springs and surrounding areas.  Contact us with questions about the process or if you would like to get started with the process.  We have a team of specialists organized to start the process immediately.  

Here are some interesting stats to show how many people are in this position:

  • 3.5 million Foreclosed Homes from 2008-2010
  • 2.2 million homeowners are severely delinquent on payments
  • 11 million homeowners are in homes worth less than their mortgages which makes a Short Sale a viable option.
  • 26% of residential sales in 2010 were foreclosures.
  • 35% of all sales in the next 2-3 years are predicted to be distressed home sales.

Colorado Springs Short Sale Realtor

by Alan Daniels

Colorado Springs Short Sale Specialist

Colorado Springs Short Sale Specialist

More people than ever are facing foreclosure and may be able to take advantage of selling a home by short sale.  It is important to contact a Colorado Springs Short Sale Realtor as soon as possible.  This is a great option if you are facing a foreclosure due to any number of issues like rate adjustments, divorce, relocation, deployment, health issues, ect.  It is important to consult with a CDPE (Certified Distressed Property Expert) as they have all of the tools to negotiate a short sale and help avoid foreclosure.

The Daniels Team carries the CDPE designation and specializes in selling short sales in Colorado Springs, Monument, and surrounding areas.  As your Colorado Springs Short Sale Specialist we will sit down with you for a consultation immediatly and help provide answers and peace of mind.  Best of all, our Short Sale Services are of no cost to you.  Visit our Short Sale Resource page to find out more.

Click here to schedule a short sale consultation.

Avoid Foreclosure in Colorado Springs

by Alan Daniels

Avoiding Colorado Springs ForeclosureForeclosures in Colorado Springs are at an all time high.  No area is immune.  Chances are someone you know in Colorado Springs and surrounding areas is facing the possibility of foreclosure.  It is important to know that they are not alone.  Today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify the available options. Foreclosure can be avoided, credit can be saved, and financial futures can be salvaged.

An even more staggering statistic is that more than 7 out of every 10 foreclosures (bank seizures) occur without the homeowner ever seeking professional intervention.

There are a number of options available to Colorado Springs families facing foreclosure.  See some of the options below:

  1. Reinstatement
  2. Forbearance or Repayment Plan
  3. Mortgage Modification
  4. Rent the Property
  5. Deed in Lieu of Foreclosure
  6. Bankruptcy
  7. Refinance
  8. Servicemembers Civil Relief Act (military personnel only)
  9. Sell the Property
  10. Short Sale

There are ways to avoid foreclosure in Colorado Springs and surrounding areas.  Contact a Certified Distressed Property Expert to find out.

Delinquent Mortgages Not As Bad In Colorado

by Alan Daniels

The nation has had a large number of delinquent mortgages coming into the fourth quarter.  The news seems to be great at generalizing the stats for all but you should really listen more to the what is happening in each market.  Colorado has definitely had an increase in delinquent mortgages accounting for a total of 5.61percent of all Colorado Mortgages in the fourth quarter.  According to the Mortgage Bankers Association Colorado’s delinquency rate ranked 42nd nationwide in the fourth quarter, with first being the highest rate and 50th the lowest.  Things are bad, but they could be much worse.

Displaying blog entries 1-8 of 8

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