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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.

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.

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