When a homeowner gets behind in their payments, they usually don’t know what to do, so they do nothing. In fact, over 70% of homeowners do just that, absolutely nothing, and walk away from their homes. In reality, there are several options, with foreclosure being the last one. A quick summary of all the different […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Buying a foreclosure or REO property in Boulder?
Making an offer on a bank-owned property is not something to be taken lightly. Should you have any questions regarding real estate in Boulder, Colorado, call me or send me an e-mail. What’s an REO? “REO” is Real Estate Owned. These are houses which have been through foreclosure that the bank or mortgage company presently […]
What is the “Sub-Prime Meltdown” and what does it mean to you?
The latest hot button topic in the national media headlines is the “Sub-Prime Lending Market Meltdown”. The media loves doom and gloom and this is yet another opportunity for them to predict financial ruin for our housing market and national economy. While this is overblown there are ramifications for which you should prepare yourself. A […]