Behind On Your Payments?
Chances are, you or someone you know in Colorado Springs is facing the possibility of foreclosure. But you need to understand that you are not alone.
Today, 1 out of every 6 homeowners in America is behind on mortgage payments. Now more than ever, it’s important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.
In the past 2 years, between 15% and 30% of local sales every month has involved distressed property, meaning that either the homeowner owes more than their home is worth, is behind on payments and facing foreclosure, or the property has gone through foreclosure and is bank-owned.
In November 2010 ,the El Paso County Trustee’s office handled 430 foreclosure sales. The number of foreclosures climbed to a new record in El Paso County last year, with a total of 5,470. It’s a huge problem.
At peakdream.com, we want to save as many homeowners as possible from losing their home to foreclosure. We also know that bringing home buyers and distressed property owners together benefits both.
In today’s market, every real estate agent should know how to handle these transactions. But unfortunately, many agents don’t. That’s why our team members not only have extensive experience handling distressed properties, we have obtained special training. We are Certified Distressed Property Experts.
What Is A CDPE?
When a homeowner is facing financial hardship and possible foreclosure, they need to talk with a real estate professional with special training. A realtor with the Certified Distressed Property Expert® (CDPE) designation, is a real estate professional with specific understanding of the complex issues that confront homeowners in distress.
When bills aren’t being paid on time, credit card and mortgage companies often harass borrowers by calling many times a day demanding money. They use scare tactics and bully people who are already having a tough time. Manyhomeowners will respond by avoiding the calls and trying to ignore the problem. But doing that won’t solve the problem, and it won’t stop the calls.
CDPEs understand how tough it is. Through comprehensive training and market experience, CDPEs are able to provide real solutions for homeowners facing hardships in today’s market.
The prospect of foreclosure can be financially and emotionally devastating, and often homeowners proceed without guidance of any kind. CDPEs believe that in almost all cases, the best course of action for a homeowner in distress is to speak with a well-informed, licensed real estate professional.
We have the tools necessary to help homeowners find the best solution for their particular situation. While enduring financial difficulties are challenging for any family, the process of finding a qualified real estate professional should not be.
We Are Distressed Property Experts
Six of our agents have achieved the CDPE® designation. When you call us, you can trust that you are dealing with a professional trained to address your specific needs. CDPEs don’t merely assist in selling properties, we serve and help save our clients in need.
The idea of losing a home can be overwhelming, and we feel it is vital for you to have all the facts necessary to make an informed decision.
As agents with the CDPE®Designation, we have a strong and unique appreciation of the factors affecting the market, and know that there are options available to you.
For more information, and answers to questions about short sales and avoiding foreclosure, click here to visit our CDPE website or just give us a call.
We are here to help … in any way we can.
Sylvia, Wayne, Kay, Scott, Marion, Lucas & Dana