Foreclosure Hotline can offer help for homeowners in a predicament | PostIndependent.com
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Foreclosure Hotline can offer help for homeowners in a predicament

Shannon Kyle
Glenwood Springs, CO Colorado

Foreclosure ” what a scary word! First there is denial ” I didn’t mean to miss those payments! But then the mortgage company sent that letter. What do I do now?

Many homeowners find themselves in this predicament. How to fix it? Colorado has a Foreclosure Hotline, 1-877-601-HOPE (4673).

This hotline is manned by approximately 60 counselors who are dedicated to helping you. The program was launched in October 2006. Since its inception, the hotline has received more than 50,000 calls. Eighty percent of households who attend a face-to-face, one-on-one appointment with a HUD-approved housing counselor will successfully avoid foreclosure!



If you decide to sell your home, contact a local Realtor, and be sure to tell them you may be facing foreclosure. We can work with you and your lender toward a resolution. But, if your Realtor doesn’t know up front that you are facing foreclosure, they may not be as successful in selling your home. In this market, you need as much exposure as possible to sell your home. Call a local Realtor and ask for our help. We are here to assist you.

Shannon Kyle is with the Glenwood Springs Association of Realtors Public Relations Committee.


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