Foreclosure: Not the Only Option

Foreclosures in Denver  may be statistically decreasing but for homeowners who are slipping into mortgage payment delinquency, the fear of becoming a statistic is strong.  As a Distressed Property Expert and Realtor, I insist that foreclosure is not the answer to the current home ownership crisis looming throughout the Denver area.

Foreclosure, not unlike a surgical procedure, should be viewed as the last recourse after everything else has been explored and not the first treatment choice.  Many Coloradoans are fearful of their situations and do not realize that there are positive steps that can be taken to avoid foreclosure in Denver. My focus with homeowners facing foreclosure is to give them the hope of a dignified solution to their financial crisis through current lender loan modification, loan refinancing (short or long-term) or a short sale (a lender-approved sale at less than the outstanding loan balance.)

After several years as a top performer at the Bandy Home Team, I recently completed certification as a Distressed Property Expert.  I personally view my CDPE (Certified Distressed Property Expert) designation and my commitment to help financially distressed homeowners, as both a responsibility and an obligation to my profession.

Over 85% of the clients served by CDPE real estate professionals avoid foreclosure. Alex Chafren, founder of the Distressed Property Institute, believes that homeowners surrounded by a strong CDPE real estate agent team including legal and financial referrals have the greatest chance of avoiding foreclosure and at minimal financial investment to the homeowner.

My commitment to help save homeowners from foreclosure began after participating in several foreclosures, short sales, and bank owned transactions.  Witnessing the helplessness, utter sense of aloneness and guilt felt by homeowners facing foreclosure compelled me to act as a homeowner advocate, lending a helping hand of expertise and compassion.  My eight years of real estate experience, my commitment to education, strong marketing, systems development, and checklists, combined with my knowledge of the pre-foreclosure process, have given my clients a huge advantage in this current epidemic of foreclosures.

Not having a clear understanding of the elements and consequences of foreclosure lead many homeowners to just give up.   And believe me there is a huge difference in "after foreclosure" as opposed to "life without foreclosure."  We may not be able to save every house, but we can offer the saving hand to every financially distressed homeowner. 

Need information about alternatives to foreclosure in Denver ? Do you want to receive a free report on how to prevent Denver foreclosure? I'm here to help!

Marianne Bandy

Your guide to beautiful homes in Aurora Colorado

Marianne Bandy
The Bandy Team - RE/MAX Professionals
Denver, Colorado
303-746-7799
www.DenverAvoidForeclosure.com