"Foreclosure Do Still Exist!"

  Westminster, CO - As we move into the 2nd Qtr of 2013, we still see a trend that does not provide "high" confidence in the economy improvements.  Foreclosures DO still exist, and many STILL do not try to avoid foreclosure with a short sale!

With the extension of the "Mortgage Debt Relief Act", that started in Feb. '07, for the benefit of those perfoming a short sale.   This was to create relief from the tax liabilities of the 1099c, that the lender will generate for their losses, and the "debt forgiveness" to the borrower on the deficincies that would normally be defined as "income".

We still see, by the stats below, that many homeowners are NOT taking advantage of this Debt Relief Act!!  The last column clearly shows that there are many homes in the foreclosure process, that has NOT placed their home on the market to work a potential short sale!

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SEARCH FOR HOMES IN THE CITY OF WESTMINSTER UNDER $350,000, HERE!!

Thanks for reading this,  Dan Hopper.
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Dan Hopper specializes in assisting home owners to avoid Foreclosure in Denver, Colorado. Denver Loan Modification Help, Denver Short Sales. Denver Realtor. Westminster, CO Loan Modification Help, Westminster, CO Short Sales, and Westminster Realtor.
Thank you for reading, "Foreclosure Do Still Exist!"