Foreclosures and short sales — commonly called “distressed property sales” — have been a big part of the real estate business in the last few years. The real estate market is recovering, but I’ll bet you still know someone — perhaps yourself — who is hurting financially, and possibly facing foreclosure.
In some parts of the Denver area, there are still nearly as many properties in distress as there are active listings. Even in areas where there is virtually no financial distress, foreclosures and short sales are still happening. It’s not a subject that many people want to talk about, but avoiding foreclosure won’t make it go away.
The consequences of foreclosure
Unfortunately, the consequences of having a foreclosure on your record are becoming more dire all the time. It can affect your future ability to do everything from taking out a credit card, buying a car or another home, getting a new job or even keeping the one you have. Security clearances are often adversely affected by foreclosures, and the consequences of having a foreclosure associated with your name need to be very thoughtfully considered.
Right now, about one in seven homeowners is behind on mortgage payments, or in some other type of financial distress. Whether they are in foreclosure already, in the pre-foreclosure pipeline, or wondering how to deal with a mortgage balance that is greater than their home is worth, they are facing some tough choices.
Happily, one of those choices is to make positive steps toward fixing the foreclosure situation and saving their financial future. Chances are, they just need help and guidance through the process, but don’t know where to begin.That’s where I come in.
I can help
I’ve worked with distressed sellers and their properties for years, and I can help homeowners avoid foreclosure or overcome short sale issues. I’ve worked for and received my Certified Distressed Property Expert status. Just let me know you need help or guidance, and we can get on the road to recovery more easily than most people ever imagined.
Give me a call at 720-258-6211, click on the link above or the picture to make an appointment, or drop me a message with the form below so we can get started today. Now is the time to carefully consider all options, and make careful, thoughtful decisions.
I’m ready to help.
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If you are trying to avoid foreclosure, or have any other questions or comments about the process of selling real estate in Highlands Ranch or the Denver metro area, feel free to give me a call at 720-258-6211, or fill out this little form and send it to me. I’ll get back to you as soon as I can, but remember that I can’t answer your questions if you don’t ask them. If you’ve got something on your mind, let me know, and do it now before you forget.
Are you curious about what your home is worth in this market?
You should request a free valuation analysis and get the answers now.
By the way, I’m never too busy for your referrals.