My Denver Real Estate Specialist
Where’s my $2,000…..?
On Feb. 9th the U.S. government announced a largest settlement with an industry since the tobacco industry settlement in 1998. Folks who were homeowners between 1/1/08 and 12/31/11 and who lost their home to foreclosure during this period of time will be eligible for up to $2,000 from the U.S. government from this settlement with several of the largest banks: Ally Financial (formerly GMAC), Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Colorado is supposed to get $73.3 million in funds to facilitate loan modifications for current home owners who are underwater. You are supposed to be… Read More
On Feb. 9th the U.S. government announced a largest settlement with an industry since the tobacco industry settlement in 1998. Folks who were homeowners between 1/1/08 and 12/31/11 and who lost their home to foreclosure during this period of time will be eligible for up to $2,000 from the U.S. government from this settlement with several of the largest banks: Ally Financial (formerly GMAC), Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Colorado is supposed to get $73.3 million in funds to facilitate loan modifications for current home owners who are underwater. You are supposed to be… Read More
Important Forebearance (Time out) Loan Info
Freddie Mac Announces Up to 12-Month Forbearance for Unemployed and Fannie Mae did the same this week also. Posted: 12 Jan 2012 09:37 AM PST Effective Feb. 1, Freddie Mac (and now Fannie Mae too) is giving mortgage servicers expanded authority to provide six months of forbearance (not making payments with prior approval) to unemployed mortgage holders without prior approval, and an additional six months (12 months total) with prior approval. This new policy essentially doubles the previously offered forbearance period. It’s important to note: This applies to FannieMae/Freddie Mac-owned or guaranteed loans only. There is ACTION required. The homeowner must contact the servicer… Read More
Freddie Mac Announces Up to 12-Month Forbearance for Unemployed and Fannie Mae did the same this week also. Posted: 12 Jan 2012 09:37 AM PST Effective Feb. 1, Freddie Mac (and now Fannie Mae too) is giving mortgage servicers expanded authority to provide six months of forbearance (not making payments with prior approval) to unemployed mortgage holders without prior approval, and an additional six months (12 months total) with prior approval. This new policy essentially doubles the previously offered forbearance period. It’s important to note: This applies to FannieMae/Freddie Mac-owned or guaranteed loans only. There is ACTION required. The homeowner must contact the servicer… Read More
Denver is #1 for Real Estate Investing!!!
The stories keep coming about what a great market we have for investing in real estate. Just a week ago, Greg Rand of Own America appeared on Fox TV and touted Denver as the #1 city in the U.S. for investing in real estate. There were a multitude of reasons given such as, Denver is getting in-migration from all over the U.S. Our average age is only 31 years. Our foreclosure rate is now 1/2 of the national average. Our lifestyle was a huge factor for many relocating here with our low cost of living and year round out door… Read More
The stories keep coming about what a great market we have for investing in real estate. Just a week ago, Greg Rand of Own America appeared on Fox TV and touted Denver as the #1 city in the U.S. for investing in real estate. There were a multitude of reasons given such as, Denver is getting in-migration from all over the U.S. Our average age is only 31 years. Our foreclosure rate is now 1/2 of the national average. Our lifestyle was a huge factor for many relocating here with our low cost of living and year round out door… Read More

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program
of METROLIST, INC. Real estate listings held by brokers other than Your Castle Real Estate are marked with the IDX Logo.
This information is being provided for the consumers' personal, non-commercial use and may not be used for
any other purpose. All information subject to change and should be independently verified.

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