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Victoria Quintero

"Short Sale & Foreclosure Realtor"
Victoria Qui…’s Answers (10)

Who is a 1st time buyer?

Victoria Quintero answered:
Hi Reynald,

In regards to the $8000 tax credit that is going to first time buyers, anyone that has not owned a home in the last three years is considered to be a first time home buyer. Hope that helps! - Thu Jul 30 2009, 11:33

refer lawyer experience short sales?

Victoria Quintero answered:
Hi Linda,

I hope this information isn't too delayed, but wanted to let you know about Jesse Aschenberg, who is an attorney very familiar with bankruptcies, short sales, foreclosures and real estate over all. He's been able to assist quite a few clients and should be able to give you a good idea of the impact that a short sale will have on you financially. Below is his information:

jesse.aschenberg@bklawpro.com
(720) 493-9733 - Fri Jul 24 2009, 14:04
Victoria Quintero answered:
Hi Paul,
For Denver homeowners that are trying to work out loan modifications or short sale their homes, the lenders are either filing a continuance (usually of 30 days) or not placing a bid at all, which then the county has to extend the sale date by a week at a time. A lot of times, it's the homeowner or the real estate agent requesting these. Generally, the banks are doing this since they would rather work out something with the owner than have the cost of foreclosing, and there may be other reasons as well. However, the foreclosing bank can only file a continuance on the sale date for a maximum of 12 months in the state of Colorado, so you are close to seeing some of these foreclosures go to sale that the banks have been delaying on. Hope that helps. - Sun Jul 12 2009, 23:06
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