Foreclosure and Short Sale Affect Ability to Get Mortgage
November 4, 2011 by Bob Schenkenberger · 1 Comment
When clients are facing foreclosure, the Get Home Denver Team counsels clients as to their options. These options include Selling the home if there is enough equity, loan modification, refinancing, bankruptcy, doing a “short sale”, and letting the bank foreclose. Of these, foreclosure and short sales are the most common. One of the most often [...]
Denver Foreclosure Prevention – Traditional Home Sale
August 23, 2011 by Bob Schenkenberger · 1 Comment
When faced with the threat, or reality, of foreclosure, there are options available. Selling your home can be an easy solution to your problems. Unfortunately, this scenario only works when you are able to sell the property for enough to cover your loans and sale expenses. If the past 3 years have not decimated the equity [...]
15469 E. Oberlin Place – $114,900
November 19, 2010 by Bob Schenkenberger · Leave a Comment
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Foreclosure Prevention – Loan Modification
November 16, 2010 by Bob Schenkenberger · 3 Comments
When faced with the threat, or reality, of foreclosure, there are options available. One of the easiest options is a Loan Modification with your current lender. A loan modification is exactly what it sounds like. It’s a process whereby the original terms of a mortgage are changed in order for you to better meet your [...]
Foreclosure Prevention – Refinance
November 9, 2010 by Bob Schenkenberger · 1 Comment
[facebook_ilike] When faced with the threat, or reality, of foreclosure, there are options available. One of the quickest options is a simple refinance of your current mortgage. This is always the first option we look at when trying to get our clients out of the situation they are in. Many homes in trouble today, were [...]
Foreclosure Prevention in the Denver Metro area
November 4, 2010 by Bob Schenkenberger · 5 Comments
In todays climate of uncertain economic times, the lack of equity in many Denver homes and properties is still having a huge impact on the real estate market place. It’s true the market is improving, or at least holding its head above water, and it’s certainly not getting any worse. With this said, I believe [...]
New HUD Program to Support Unemployed
October 7, 2010 by Bob Schenkenberger · Leave a Comment
[facebook_ilike] *****NEWS RELEASE***** HUD ANNOUNCES ADDITIONAL SUPPORT TO HELP COLORADO HOMEOWNERS STRUGGLING WITH UNEMPLOYMENT 32 States and Puerto Rico Will Receive Funds Through HUD’s Emergency Homeowners Loan Program (DENVER)- U.S. Department of Housing and Urban Development (HUD) Regional Administrator Rick Garcia announced today that HUD will provide $41,286,747, to help struggling homeowners in Colorado through its [...]
$1 Billion to Stabilize Neighborhoods (HUD NSP Program)
September 8, 2010 by Bob Schenkenberger · Leave a Comment
PRESS RELEASE OBAMA ADMINISTRATION AWARDS ADDITIONAL $1 BILLION TO STABILIZE NEIGHBORHOODS HARD-HIT BY FORECLOSURE Third round of NSP grants to build on efforts to confront abandonment and blight WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $1 billion in funding to all states along with a number of counties and [...]
BEWARE OF FORECLOSURE SCAMS
April 15, 2009 by Bob Schenkenberger · Leave a Comment
Hello all. Please read the following carefully and pass it along to anyone you know. There are many “Foreclosure Rescue” scams beginning to surface in light of the government’s moves to help prevent foreclosures. Here are some things to remember: There is never a fee to get assistance or information about the government’s Making Home [...]
Bailout Cash to Benefit Homeowners?
January 29, 2009 by Bob Schenkenberger · Leave a Comment
The fed is finally trying to get some of the bailout money into programs that may benefit those most in need. I’m not sure if it will actually get there, but there seems to be a movement away from bailing out the banks, towards bailing out homeowners. This is a much needed policy change, as [...]