Colorado Springs Real Estate

719.287.1049

ktorline@msn.com

Archive for February 16th, 2009

Foreclosure Assistance, help is available

  I have published this article before, but I came across MANY new resources that I wanted to add

f you are interested in a short sale, It’s important to  utilize a Colorado Springs Real Estate Agent that specializes in Pre-foreclosures, Foreclosures, and Short Sales; and has a successful and ethical track record.  Call Kathy Torline – Nordstrom, 719-287-1049.  

When many Colorado Springs home owners are in financial trouble and not making their house payments, they go into denial.  They are embarrassed, and they hope that the situation will go away.   The problems usually won’t solve themselves.   The fact is that the sooner a home owner faces up to the situation the better.  There are options out there!

One of the first steps I do is to refer Colorado Springs home owners to some of the local and national hot-lines that are now available to help home owners.  I want to make sure they are as educated as possible about their options before they decide to list their home as a short-sale.   I also encourage them to talk to a lawyer and/or a tax accountant.   A short sale may not be the right step for them;  I want them to understand all of their options and pick the one that’s best for their situation.

Colorado Foreclosure Resources 

One of the best resources around is the Foreclosure Hot-Line at 877-601-HOPE  There is also a local organization called The Pikes Peak Foreclosure Partnership at 719-444-8833. 

National Foreclosure Resources

There is another national organization called Hope Now at 888-995-HOPE; and one of the great feature of this web site is links to many mortgage companies web sites.  If you have a VA loan, the phone # is (719) or (303) 914-5650.  If you have a HUD/FHA loan, the phone # is (303) 672-5216

The goal of Read the rest of this entry »

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Foreclosures for sale in Northwest Colorado Springs

Northwest – Market breakdown for Active Homes as of 2-14-09

For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com

Must Read posts: 

Homes sold “As Is” in Colorado Springs….what does it mean?
Homes in Colorado Springs, 5 things to know about buying foreclosures
8 biggest mistakes made by Colorado Springs home buyers
Buying HUD homes in Colorado Springs, Part I
Buying HUD homes in Colorado Springs, Part II
Colorado Springs HUD Homes – Part III in FAQ’s
HUD homes available for $100.00 downpayment

northwest-january1

Neighborhoods:   Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen

Active as of  2-14-09:  264

  • Single Family Homes:  187 (71%)  
  • Condos/Townhomes/Patio Homes:  77 (29%) 

Active homes for sale as of 2-14-09 Read the rest of this entry »

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