The Foreclosure Hotline
by Osman Parvez
• Number: 1-877-601-HOPE (4673)
• What is it? Help for tens of thousands of Colorado homeowners who are delinquent on their mortgages or may miss a mortgage payment
• When you should call: First signs of trouble
• What they can do: Counselors can act as intermediaries between you and lenders, give you a game plan, help you organize your finances, avoid scams, reduce your potential liability, and possibly sell or keep your home.
Remember: Foreclosures lower values of surrounding homes. Every foreclosure on average costs a municipality an estimated $10,000 per home for additional costs, such as police protection. They also are magnets for crimes, such as meth labs, and ultimately will lower property taxes, hurting schools. Foreclosures are everyone’s problem.
From the Rocky Mountain News
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Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
The Foreclosure Hotline
by Osman Parvez
• Number: 1-877-601-HOPE (4673)
• What is it? Help for tens of thousands of Colorado homeowners who are delinquent on their mortgages or may miss a mortgage payment
• When you should call: First signs of trouble
• What they can do: Counselors can act as intermediaries between you and lenders, give you a game plan, help you organize your finances, avoid scams, reduce your potential liability, and possibly sell or keep your home.
Remember: Foreclosures lower values of surrounding homes. Every foreclosure on average costs a municipality an estimated $10,000 per home for additional costs, such as police protection. They also are magnets for crimes, such as meth labs, and ultimately will lower property taxes, hurting schools. Foreclosures are everyone’s problem.
From the Rocky Mountain News
—-
Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.