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Wednesday, May 12, 2010 8:12 AM

Has a home that was once a blessing now become a financial burden?

Considering Short Sales by Carla L. Davis In today's economic climate, many families are finding themselves in dire straights. The home that was once a blessing has now become a financial burden. In an attempt to avoid foreclosure, which can reap
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Wednesday, April 21, 2010 12:48 PM

Homeowners can get second mortgages adjusted, too

By Stephanie Armour , USA TODAY The Obama administration's initiative to help homeowners obtain modifications of second mortgages is getting off the ground. Just this month, Bank of America became the first major lender in the program to send letters
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, April 16, 2010 10:46 AM

Foreclosures on faster pace in Colorado, U.S. in first quarter

By Aldo Svaldi The Denver Post Homes in Colorado and the U.S. are falling into foreclosure at a much faster pace this year than last, according to a report Thursday from RealtyTrac. But a freeze on foreclosure activity early last year by lenders waiting
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Wednesday, April 07, 2010 7:34 AM

Home Affordable Foreclosure Alternatives Makes Short Sales Easier

By Michele Lerner , Bankrate.com Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government's Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales -- in which
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Monday, March 29, 2010 10:34 PM

Details of HAFA

Home Affordable Foreclosure Alternatives (HAFA) was introduced to simplify and streamline the short sale process. HAFA accomplishes this in the following ways: Compliments the Home Affordable Modification Program (HAMP) by providing viable alternatives
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Saturday, March 27, 2010 4:31 PM

What is HAFA?

The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative led by the US Treasury Department assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure, specifically through
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Friday, March 26, 2010 10:16 AM

What Does HAFA Mean for the Real Estate Market?

For agents trained to help home owners in distress, the Home Affordable Foreclosure Alternatives (HAFA) Program is the single most important piece of housing legislation to take place. Why? For those trained in how to help homeowners avoid foreclosure
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, March 26, 2010 7:43 AM

FasTracks North Metro Corridor single-tracking cuts costs in final study

Source: www.indenvertimes.com By Kevin Flynn on March 23, 2010 The North Metro commuter rail corridor through the heart of Adams County will be proposed as a single-track line but with five strategically placed double-tracked segments that will allow
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Friday, March 19, 2010 3:52 AM

Colorado sees low use of stimulus mortgage-modifiction program

Colorado’s use of the federal government’s stimulus-related Home Affordable Modification Program (HAMP) is relatively low as of February, according to a report released Friday by the U.S. Treasury and Housing and Urban Development departments.
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Wednesday, March 17, 2010 4:04 PM

Fed holds rates at record lows to foster recovery

WASHINGTON — The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment. But the Fed's assessment of the economy at its meeting Tuesday was a bit more upbeat.
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Wednesday, March 10, 2010 8:10 AM

Program to pay homeowners to sell at a loss

NEW YORK - In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. This latest program, which will allow owners to sell
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, March 05, 2010 3:14 PM

Denver awarded $29.3 million to boost foreclosure recovery

Denver awarded $29.3 million to boost foreclosure recovery Federal stimulus funds to expand efforts underway to acquire, redevelop and resell foreclosed properties through Neighborhood Stabilization Program The U.S. Department of Housing and Urban Development
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Thursday, March 04, 2010 7:45 AM

Distressed Property Activity Graphs for Denver

Check out my new weekly graph that identifies the Denver Metro area Notice of Defaults as well as Foreclosure Sales by County. I will be providing these graphs on a quarterly basis so you can review the previous quarter's overall distressed property
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, February 25, 2010 2:40 PM

Bernanke foresees no rise in interest rates soon

By Paul Davidson , USA TODAY Moving to defuse concerns that an interest rate rise could be just a few months away, Federal Reserve Chairman Ben Bernanke told Congress Wednesday he expects rates to stay "exceptionally low" for an "extended
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, February 18, 2010 10:36 AM

FasTracks West Corridor light rail construction progress report

By Kevin Flynn on February 15, 2010 The West Corridor light rail project is the first FasTracks rail corridor that RTD has under construction. Denver Transit Construction Group – a joint venture of Herzog Corp. of St. Joseph, Mo. , and Stacy &
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
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