Tag Archives: foreclosure

Constipation Effect of Short Sales

By Kristal Kraft Denver Realtor | Published: February 13, 2009

Not that I need it, but validation in always nice.  This week I wrote about short sales in the Denver metro market.  Today John Rebchook  of the Rocky Mountain News follows with a good article discussing short sales along with quote from fellow real estate associates. There are agents who make a living chasing the [...]

Posted in Current Events | Also tagged , | 4 Comments

Denver Short Sales

By Kristal Kraft Denver Realtor | Published: February 11, 2009

This week I’ve been immersed in short sale information from classes, consultations to consumer. Short sales get their name from the value of home being “shorter” (think less than) the amount owed on the mortgage. A short sale comes into play when the homeowner finds it necessary to sell his home, but does not have [...]

Posted in Wise Real Estate Tips | Also tagged , , , | 9 Comments

Mortgage Modification Program

By Kristal Kraft Denver Realtor | Published: November 17, 2008

HOPE NOW is a private sector alliance of mortgage servicers, non-profits, counselors, and investors that have assisted many homeowners avoid foreclosure. They have developed a new program in conjunction with the U.S. Treasury, the Federal Housing Finance Authority, Fannie Mae, Freddie Mac and other mortgage loan servicers for “at-risk” homeowners. The plan will go into [...]

Posted in Current Events | Also tagged , , , | 4 Comments

Facing Foreclosure? Don’t Walk!

By Kristal Kraft Denver Realtor | Published: November 3, 2008

In troubled times homeowners sometimes go into denial, thinking if the situation is ignored, it will go away. The fact is, if you are having trouble making your mortgage payment sooner or later you will have to face up to the situation. It’s best you face up to it as soon as possible. Consulting a [...]

Posted in Selling Your Home | Also tagged , , , , , | 2 Comments

Colorado Foreclosures

By Kristal Kraft Denver Realtor | Published: April 14, 2008

Two lawmakers in Colorado are introducing a bill to enable judges to extend a foreclosure for up to 90 days.  The extra time could be used to work out a settlement as opposed to the homeowner losing their home to foreclosure. The problem with mortgage workouts is time.  So much of what needs to be [...]

Posted in Wise Real Estate Tips | Also tagged , , , | 4 Comments

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