New Making Home Affordable Foreclosure Alternatives Guidance Released

by shulerd on December 3, 2009

The Making Home Affordable (MHA) Program was created in March of 2009 with a goal of working with home owners to make their mortgage payments more affordable to avoid home foreclosures.  To date, this program has mixed success since there are still some disincentives for servicing companies to modify your loan in timely manner, much [...]

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Colorado Homeowners Underwater

by shulerd on November 30, 2009

The Denver Business Journal reports that 19% of Colorado home mortgages are upside-down, or the balance of the loan exceeds the value of the home. Characteristics Of Upside-Down Home Mortgages According to the Denver Business Journal, most upside-down mortgages share a couple of common characteristics: The properties were financed between 2005 and 2008; The homes [...]

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HouseLogic Website Rolls Out With Homeowner Tools and Tips

by shulerd November 24, 2009
HouuseLogic logo

The National Association of Realtors (NAR) has rolled out a new site oriented to consumers that has some great resources for homeowners and community members called HouseLogic.  HomeLogic has content covering home improvements, maintenance, greening your home, taxes, finances, insurance, and even ways to engage your community.  NAR has introduced this site, with a sleek [...]

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Denver Residences at The Ritz-Carlton Head Into Foreclosure

by shulerd November 16, 2009

The luxury condo project adjoining Denver’s Ritz-Carlton hotel, The Residences at The Ritz-Carlton, fell into foreclosure in June 2009 after selling 1 of 25 units since presales began 3 years ago. According to the Denver Post, the lender on the project, Goldman Sachs, has taken the property back and is looking at ways to reposition the [...]

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New Tool to Estimate Closing Costs When Selling Your Home

by shulerd November 15, 2009

This past year, I attended the 2009 Inman Connect conference in San Fransisco.  Inman offers several events a year for real estate technologists, innovators, and visionaries and is a great opportunity to talk with other people in the industry to find out about the latest trends and tools. A new service we’ve been promoting to [...]

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