Lots of information below for you to chew on. I would suggest speaking with a Real Estate Attorney to get the answers to your specific situation that has aspects and ramifications that we are not privy to. Before you call an attorney you should contact the Colorado Foreclosure Hotlilne here - http://www.coloradoforeclosurehotline.org/ . This is a free service to give answers, options and advice to people in your situation. Best of success getting through this and with your future endeavors.
Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246
Marianne Bandy ~ GRI, CRS, ePRO, CDPE
The Bandy Team
Colorado's Most Prestigious Real Estate Company
Direct: 303-746-7799 Fax: 303-557-6299
Do you or someone you know currently owe more on their mortgage and don't know what to do? Give me a call.
It is part of the pre-foreclosure process. Usually the borrowers that I have worked with have not gone to these hearings because they feel they don't have a case to stop the foreclosure process.
It looks like you are in arapahoe county, which does the actual foreclosure sale (trustee sale on Wednesdays of each week in the month.
Based on the little detail I can see, you are at least a month or maybe more from the actual foreclosure sale date. Somewhere along the foreclosure process you should have or will soon receive what is known as a " Notice of Election and Demand" "NED" giving you information as to when the actual sale date is scheduled.
If you would like to chat or have a link for some more info on how foreclosures or short sales affect you, give me a call or email me.
Hope the info helps you. Wishing you the best Bill
I think u need to do short sale of your property. I can help u with short sale. You can contact me at 720 838 3777 or email me at REALTORPA@GMAIL.COM. It will help u better, then foreclosing your unit. It will also help u on your credit too. Once your property get foreclosed they'll come and change the locks and take possession of the property.
You are getting mixed answers to your question. I'm not from your area either. What you really need to do is talk to a local Realtor who handles short sales & homes in the process of foreclosure. If you haven't tried to sell your condo? If you haven't, you may want to try it. You obviously are trying to be responsible with your payments, since you are still paying your HOA fees.
Buy a home after foreclosure expert
Have you tried to sell it? I would do that, even if you have very little time left. Call an agent that has experience with foreclosures and short sales and see what he/she has to say. Best of luck to you.