Category Archives: Bank and Foreclosure

Articles concerning Bank and Forecloses. Sub-categories shall include short sales.

5 Steps To Buying Foreclosures with Realty Trac

Posted on March 4, 2011 by Tom Guest

Key Masters Real Estate has worked with Realty Trac for 10 years helping buyers find properties in the Denver Metro Market.  This is a great overview of the process by Realty Trac. Please call us if you have questions to assist with your property search and Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice. The foreclosure process can end one… Read More »

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Mortgage Delinquency Rates Decline: Denver Market Improves

Posted on February 23, 2011 by Tom Guest

It’s about time we get some good news about the Colorado Real Estate Market! You would think by the barrage of negative news reports that just about every other home was going into foreclosure. Certainly this is not the case. In fact, the housing market has stabilized in the past six months. The latest report from the Mortgage Bankers Association shows that the percentage of homeowners that were behind at least one monthly payment fell from 9.1% in the third quarter to 8.2% in the fourth quarter. Also, the 2010 delinquency rate fell from over 10% in the beginning of… Read More »

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