Tag Archives: foreclosure

Short Sale vs. Foreclosure Not a Toss Up!

Short sales make up a huge percentage of the Denver real estate market.  Depending upon the area, we are seeing as much as 50% of the market consisting of short sale transactions. For those of are unfamiliar with the term, “short sale” these are sales when the homeowner is selling the home for less than [...]

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Your Delinquent Mortgage Affects Your FICO Score

Denver Foreclosure Information Working with homeowners in distress often brings many questions.  Some questions I can answer with ease, others I have to look to others to find. When it comes to your FICO score there are certain factors that effect it.  FICO Scores use mathematical models taking into account various factors in each of [...]

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Evaluation of the Short Sale Offer, Do We Accept or Reject?

It is a happy day when you get the telephone call from your broker saying the buyers that have come to visit one or two or more times have finally put an offer on paper. Before the High Five rejoicing begins you and your broker need to critique the offer.  This is what we as [...]

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Short Sale ~ How to Get Started

The trauma of facing the loss of one’s home is paralyzing.  A homeowner who has a situation where he no longer can make payments on a mortgage due to lost income, job transfer, divorce or any number of reasons needs to face reality. The change in life’s circumstances might feel like one is walking down [...]

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Homeowner Benefits of Real Estate Short Sales

Short Sales can benefit both the bank and the homeowner when an acceptable agreement can be reached. For the home owner in distress,  being able to sell the home without coming to the closing table with money  he doesn’t have is a huge relief.  Avoiding foreclosure by short sale does not have the huge credit [...]

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  • Welcome to Denver Dwellings where I write about Denver real estate trends, where to live, eat, play and how to buy or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that joy shows through!