Metro Denver's Distressed Property Connection

Resolve to Face the Facts

Tue, 03 Jan 2012 12:08:09 GMT

Resolve to Face the Facts!

Since 2007, 8.9 million homes have been lost to foreclosure and millions more are headed in that direction.

As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to ensure that you or anyone you care about does not add to that statistic.

The unfortunate fact is that so many homeowners who have played by the rules and never imagined that they could be facing foreclosure are now in a very tough situation.

More than one in four homeowners owes more on their mortgage than their home is worth. On top of that staggering statistic is the fact that millions of homeowners are unemployed, or underemployed and falling further behind every month.

Sound familiar? Rest assured you are not alone.

If you feel that you are headed toward foreclosure, or if you are avoiding facing that fact, the sooner you reach out for help, the better your options.

As a CDPE agent, I help distressed homeowners work through every aspect of the denial and discouragement that accompanies a mortgage which is no longer manageable, and in the process, move toward financial solvency.

If you or someone you care about is ready to tip the scales back toward financial solvency, contact me today and let’s get started.

Frank Gillen, CDPE, CIAS, e-PRO

303-885-8447

frank@metrodenverhomestore.com

Take action now and turn it around in 2012

Fri, 30 Dec 2011 12:45:16 GMT

Take action now to turn it around in 2012

Recent economic upheaval has taken a hefty toll. Looking forward to 2012, it’s impossible to know what’s next and the kind of an impact that an upturn or a downturn at the national level stands to have on your family’s finances.

With a national epidemic of unemployment or underemployment, and 25 percent of the homeowners in the country owing more on their home than they could net for it in today’s market, homeownership for many has become a financial liability. Not being able to make payments on a home that you can’t afford to sell feels like an awful trap, but the fact is, there are solutions—and foreclosing on your mortgage is not one of them.

Loan modification is an option for many and banks are increasingly willing to negotiate short sales. In many cases, they’re offering sizable financial incentives to help financially strapped homeowners get a fresh start on their lives when they short sale their home.

Please Remember -- regardless of what happens in Washington or on Wall Street, two things are very clear: you are not alone and now is the time to prepare for a new normal.

As real estate professional who has achieved the Certified Distressed Property Expert (CDPE) designation, it is my mission to give homeowners the gift of a fresh start.

Contact me TODAY and let’s get started.

Frank Gillen, Realtor, CDPE, CIAS, e-PRO

303-885-8447

frank@metrodenverhomestore.com

Press Release

Thu, 01 Dec 2011 16:12:57 GMT

FOR IMMEDIATE RELEASE For more information, please contact:

Frank Gillen

frank@metrodenverhomestore.com

303-885-8447

Frank Gillen with the Metro Denver Home Store Team at Re/Max Unlimited Urges Delinquent Borrows to Seek Alternatives to Foreclosure

Metro Denver, CO – December 1, 2011 – For the 6.3 million homeowners in the United States who are burdened by the stress of being behind on their mortgage payments, the holidays represent a particularly stressful time, observed Frank Gillen of Re/Max Unlimited.

Noting that the fear of foreclosure tends to cause many homeowners to go into denial or become frozen into inaction, Gillen has launched a campaign at the outset of the holiday season to remind homeowners that they are not alone. A Certified Distressed Property Expert (CDPE), Gillen is tapped into foreclosure avoidance alternatives, is adept in negotiating with major banks. In addition Gillen is on top of the full range of schemes that scam artists have come up with to take advantage of homeowners who are in search of solutions to an impending foreclosure.

“For financially strapped homeowners, the gift of a fresh start could be the greatest gift that they could offer their family in the New Year,” Gillen said.

“Contrary to popular belief,” Gillen said, “banks truly do not want to foreclose on your home and add another property to their balance sheets.” And even though more and better foreclosure options are available now than ever before, the distressed properties landscape is complicated and full of pitfalls. The most important step that a homeowner can take toward finding a solution is aligning themselves with a trained professional who has the expertise and the commitment to help.

For a copy of the free report, “Mortgage Payments Weighing You Down,” that Frank Gillen has prepared to provide distressed property owners with an overview of their options and what they need to watch out for, go to www.metrodenverhomeconnection.com

For more information about the CDPE Designation, visit www.CDPE.com.

Frank Gillen Re/Max Unlimited, Aurora, CO 303-885-8447

Many Americans Face Financial Hardship and Foreclosure During the Holidays

Tue, 29 Nov 2011 15:42:14 GMT

ROUGH ECONOMIC WATERS HAVE LEFT MILLIONS OF AMERICANS FEELING STRANDED AND UNCERTAIN

THE SITUATION IS COMPLICATED AND THE STAKES ARE HIGH

Thanksgiving, Black Friday and the first shopping weekend of the season have come and gone and from all of the reports the retail industry received a positive start. All of the good news shows promise with an “up” day for the stock market. This is great news many positive things may rise from this positive uptick.

On Thanksgiving and throughout the weekend while reflecting on all of the things to be thankful for my thoughts were carried away to the 6.3 million homeowners that fine themselves in some stage of foreclosure and the 10.9 million or 22.5% of homeowners with mortgages that are upside down, owing more than their house is worth in today’s market.

We are at a crossroads not unlike the financial turmoil we experienced during the recessionary periods of the 1970’s and 1980’s. One can remember the long lines at the gas stations and the rationing of gas by odd or even ending numbers on license plates. We were in a period of continuing inflation, stagnant business activity, and the ever increasing unemployment. President Carter increased government spending to combat economic weakness and unemployment which were largely unsuccessful. The Federal Reserve Board clamped down on the money supply beginning in 1979 which resulted in rising interest rates, slower business and consumer spending and finally a deep recession. The economic unrest of the 1970’s had political consequences and the American people voted out Jimmy Carter limiting him to one term as president.

Enter Ronald Reagan for the next eight years as President of the United States but did this solve the financial problems overnight? No - Our country operated within a deep recession throughout 1982. Business bankruptcies rose 50 percent, farmers were hit hard as agricultural exports declined and crop prices fell. The harsh slowdown was felt by all but it broke the cycle of destruction that our economy was experiencing. By 1983 inflation declined and the economy was on the rebound. We, as a nation, began a period of economic growth and the annual inflation rate remained under 5% for most of the 1980’s and into the 1990’s. Although the country was on the right path the recovery was not without its problems. Some Savings and Loan banks made unwise loans after they were deregulated causing many to fail that cost the tax payer money to pay off the bank depositors. The 1980s oil glut was a serious surplus of crude oil caused by falling demand following the 1970s Energy Crisis. After 1980, reduced demand and overproduction produced a glut on the world market, causing a six-year-long decline in oil prices which caused a slowdown in the industry and many unemployed workers. And let us not forget “Black Monday” October 19, 1987, when the stock market dropped almost 23%.

The economy was finally showing signs of an increasingly healthy performance as we moved through the 1990’s and continued, more or less, until the Dot-com bubble burst, 911, the housing bubble burst, and finally the financial industry bail-out.

Now we find ourselves in a similar economic slow-down. Although inflation has not raised its ugly head to the extent that it did some thirty years ago, we have unemployment in excess of 9%, record foreclosures and debt delinquency.

I’ve provided this little history lesson to make a point. I lived through the 70’s and 80’s, experienced the ups and downs, and hopefully gained some insight. Most of the facts mentioned above are from the U.S. Department of State. Other information is what I remember of the time. I understand what individuals and families are experiencing today with loss of income, loss of employment, separation and divorce due to overwhelming financial distress, not knowing who to turn to for help, and all of the emotional baggage that we carry. I know what it's like to close a small business, layoff employees, file bankruptcy, and lose a home to foreclosure. It wasn’t fun for me then and it surely isn’t fun for anyone now. There is one big difference – Today there is bonafide help.

With everything said I am blessed with the insight and knowledge to be able to help families today that are experiencing financial hardship. As we enter 2012 we will encounter challenges. Will we be ready to meet those challenges and will our political leaders be up to the task? I believe the American people are up for the task and I believe that we will overcome any obstacle placed in our path. No matter what the people of this country have endured we have always been able to find solutions. We will take our lumps, move forward, and emerge victorious. We are NOT a lazy people!

My name is Frank Gillen and I’m a Realtor®, a Certified Distressed Property Expert trained to help homeowners find solutions to foreclosure. The Metro Denver Home Store Team at RE/MAX Unlimited, Inc. is dedicated to helping solve the housing crisis by helping homeowners find solutions.

Too often, the anxiety associated with missed mortgage payments and the fear of putting ones trust in the wrong hands, causes homeowners who are heading toward foreclosure to avoid seeking help or pursuing a short sale. The holiday season only exacerbates the stress and anxiety.

Realtors who have received the Certified Distressed Property Expert (CDPE) designation have proactively sought out the most respected and recognized designation for helping clients within the complicated and highly charged distressed property arena.

If you or someone you care about would like to change the course of a life that’s facing foreclosure, I get it and I can help.

Contact me today at 303-885-8447 or frank@metrodenverhomestore.com

or fill in the request form below

For FREE reports. Just click on the “Resources” tab.

The Truth About Mortgage Modifications

Mon, 02 Nov 2009 08:23:26 GMT

The Truth About Mortgage Modifications

The decisions you make as a homeowner today hold a profound impact on your financial future. However, it is important to safeguard yourself from misinformation and fraud. Get the facts regarding your situation and always have a contingency plan.

For those who qualify, a mortgage modification is the ideal remedy to their financial distress. I’ve prepared a FREE report on the truth about mortgage modifications to guide you through this important process. Simply provide your information below to get this valuable information, and feel free to pass it along to anyone who may need it. One homeowner lost to foreclosure is one too many!

As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Together, we can formulate a plan to get back on track.

If you have any unanswered questions, or your circumstances are urgent, please call me today.

Frank Gillen
303-885-8447

Avoiding Mortgage Modification Fraud

I Am An Agent Against Mortgage Fraud!

The last thing struggling homeowners need is to be victimized by fraud. Sadly, some people are preying on those who need help the most. Today, the real estate industry is the newest, biggest target for predatory schemes. In fact, the U.S. Attorney General, Eric Holder, stated that mortgage fraud cases are 400 percent higher than they were five years ago.

With nearly 1 in 6 homeowners unable to pay their mortgages, understand that you are not alone. Knowing your legitimate foreclosure-avoidance options is the best way to fight this terrible trend.

The report on this site will tell you how to avoid mortgage fraud schemes, as well as what solutions are available to you. Enter your information below and get the facts now!

Feeling Trapped by Your Mortgage?

Feeling trapped by your mortgage?

Education is the Key

If you or someone you know feels like a prisoner to unaffordable mortgage payments, you should know that education may be the key to financial freedom. You have options available that can help ease the worry of making payments or losing your home to foreclosure.

To find out more about the options you have to choose from, download the free report I've created at the bottom of this page.

In fact, this entire website has been created exclusively for homeowners like you who need a trusted source for viable solutions to foreclosure.

If you have questions about the information you find here, or would like to get started in creating a plan, call me today.

The more proactive we are, the better chance you'll have in finding financial freedom and stability.

Is Your Mortgage Payment Dragging You Down?

One in seven mortgages in this country is headed toward foreclosure.

If you or someone you care about is feeling burdened by a mortgage that is unaffordable, I can help.

As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, it is my mission to help homeowners avoid the financial devastation of foreclosing on their home. In the process, I help them move forward on a positive path. If you'd like to learn more, I invite you to access my free report: Is Your Mortgage Payment Dragging You Down?

As my report points out, there are currently 6.5 million mortgages in the country that are delinquent or in foreclosure. Stemming the tide of foreclosures has become a national priority because a foreclosure is nothing short of a disaster for all concerned – families, communities, the real estate market and the national economy as a whole.

As a CDPE, I am tapped into the most up-to-date solutions for financially distressed homeowners, and am distinctly qualified to work with you to determine your best possible option.

Contact me today and let's get started!

Don't Walk Away From Your Mortgage

Stop Don't Walk Away From Your Mortgage

At a Crossroads?

Walking away or "strategically defaulting" on your mortgage is not the answer. You will find that there is nothing strategic about foreclosure, especially when there are solutions to avoid it.

You should know that you have options, and that you are not alone. More than 25% of American homeowners now owe more than what their homes are worth, and millions more are having a hard time paying their mortgages.

I've developed a free, detailed report on foreclosure alternatives you can download below. Download it today and give yourself a green light for a solid financial future.

The sooner you take this step, the more time you'll have to act and move toward a more promising tomorrow.

Tipping the Scales Toward Foreclosure?

Fear of foreclosure is a national epidemic.

Millions of homeowners fell behind on their mortgage payments last year, and then proceeded to fall further behind every month.

These are tough times and there are no easy answers.

The fact is, major lenders, the federal government, and local agencies across the country have stepped up their efforts to stem the tide of foreclosures. More help is available than ever before.

As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I am knowledgeable and adept at navigating among the full range of solutions for helping financially distressed homeowners to make a fresh start.

Looking to learn more? Check out my free report: "Tipping the Scales Toward Foreclosure? Resolve to Shed the Weight of an Unmanageable Mortgage in 2012."

And if you, or someone you care about is looking to tip the scales back into financial solvency, contact me today for a confidential consultation!

Short Sales vs Foreclosures

Short Sale vs. Foreclosure

Making the Right Choice for a Stable Future

The US housing crisis has claimed millions of victims. Unfortunately, many homeowners are losing their homes to the bank because either they think that a short sale will have the same financial effect as a foreclosure or they don't know their options.

The good news is that homeowners don't have to navigate this process on their own. I am available for those who need my expertise to get back on the path to stability.

If you, or someone you know has questions about this information, or would like to get started creating a plan, call me today.

The more proactive we are, the better the chance of finding financial freedom and stability.

Options and Solutions

Thank you for visiting this site and taking the first step toward finding answers. I appreciate what it has taken for you to come here, and commend your efforts to get the facts about your situation. The current real estate environment can be frustrating, with misinformation and conflicting plans for how to proceed.

As a real estate agent, what I often see in troubled homeowners is a belief that they are alone with their challenges. Regrettably, over 70% of homeowners in foreclosure proceed without ANY visible assistance. This is not acceptable for the communities I serve.

That's why I've developed this site: to ensure you get the valuable resources that can reduce your financial strain and change your life for the better. As a CDPE I know the options for homeowners in foreclosure or delinquent on their mortgages, and I can send you a report detailing this information, prepared just for you.

Simply enter your information below and click "Send." I hope that you will review this information carefully, so that your next steps are the right steps toward a real solution.

Let me help you evaluate your options and get back on track to a solid, stable future.

Feeling Financially Squeezed

Feeling Financially Squeezed?

Escape the Grip of Forecloure

If you are struggling with the emotional stranglehold of foreclosure, I'm here to help. With my assistance, we can start the process of putting you back on the path to stability.

As a CDPE, I have extensive training to serve the needs of homeowners in circumstances where they feel they have no options. The reality is that you have many.

Because millions of Americans are struggling with unaffordable mortgage payments, lenders are more than ever encouraged to work with homeowners to find a solution that benefits all parties.

To find out more about foreclosure alternatives that are available to you, click and download the free report I've created on this website.

Call me today. The sooner we get started the more time we'll have to devise a strategy to help you breathe a little easier and restore hope for the future.

Need a Helping Hand?

Compassion and connections to untangle your complicated mortgage challenges

If you or someone you care about is falling behind on your mortgage and owes more on your home than it is worth in today's market, you are not alone.

In fact, 6.3 million homeowners are in some stage of foreclosure right now.

As my recent report points out, there are currently 10.9 million homeowners in the United States who owe more on their mortgage than their home is worth in today's market.

Far too often, homeowners in this situation feel that they have no other choice but to let their home fall into foreclosure.

As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I am tapped into the best solutions for helping financially distressed homeowners to make a fresh start. If you'd like to learn more, I invite you to access my free report: "Need a Helping Hand? If the market and your mortgage have tossed you a curve, you are not alone."

Contact me today and let's get started!

Strategic Defaults are NOT Strategic

Walking Away Is NOT The Answer

You may have heard that a “strategic default” can be an appropriate and even beneficial reaction to an upside-down mortgage or impending foreclosure. While this idea is widespread, the truth is that default is never an easy road to choose, and rarely ever strategic.

Unfortunately, the ramifications of a “strategic default” are rarely explained, leaving many homeowners stranded on an island of misinformation. To assist you, I’ve prepared a free report outlining the myths and misrepresentations of strategic defaults.

Fill out your information below for this free report. Don’t hesitate. Get the facts today!

Mortgage Crisis Easier

Solving Your Mortgage Crisis Just Got Easier

If you are having trouble making your mortgage payments, the strain of figuring out what to do can be overwhelming.

Why do it alone when you can have a dedicated, extensively trained professional on your side at no cost to you?

Both lenders and the federal government are putting new systems in place to help you avoid foreclosure. For access to free, detailed information explaining these programs, simply download the report below.

On this website, you can find information regarding all of your options. When you call me to find out what you can do to take advantage of these options, I will show you how having straightforward solutions to your mortgage challenge can help you to breathe a little easier.

For more specific information and to see if you qualify, please, call me today! The sooner you call the sooner you can breathe a sigh of relief!

Freezes in Foreclosure

Think a Foreclosure Moratorium Will Save Your Home?

Think Again.

You may have heard news that politicians are requesting a federal moratorium on foreclosures and wonder what this means to you, especially if you are behind on mortgage payments. The reality is that a foreclosure freeze is not the answer to your problem. However, there are steps you can take to avoid foreclosure.

On the site below I've listed 5 steps to Avoid Foreclosure, which starts out with the proactive approach in avoiding foreclosure—taking action!

I have created this site to provide a source of empowerment and education. From short sales to loan modifications, I can provide information to provide a genuine sense of hope.

For a free report on the Five Steps to Avoid Foreclosure, fill out the form below and click "Send." Remember, a moratorium won't save your home—only you can! I'm here to help.

Short Sale vs. Foreclosure

Foreclosure or Short Sale: Understand the Differences

Underwater on your mortgage? Facing foreclosure? Avoiding foreclosure through a short sale can have many benefits for your future financial stability.

I created this site to help spread the word about the options to avoiding foreclosure, and a short sale has many benefits. A successful short sale can reduce the damage to one's future loan eligibility, credit rating, employment, security clearance and more.

For a free report on the differences between short sales and foreclosure, fill out the form below and click "Send". If your situation is urgent, feel free to contact me immediately. I'm ready to help you take action and secure a more secure financial future.

As a CDPE-designated agent, I've been trained to pursue foreclosure alternatives, and I'm here to help.

Cash for Short Sales

Short Sales are More Valuable Than Ever!

Avoiding foreclosure is always a smart move, but now there are incentives that make it an even better one.

Short sales and deeds-in-lieu are dignified solutions to foreclosure, and now the government is making them easier and quicker through the Home Affordable Foreclosure Alternatives Program, or HAFA, which also gives the homeowner $3,000 for participating.

With the free report provided here, you can learn all the benefits of completing a HAFA short sale. Simply fill out your information below for details on the program and how you would benefit.

Please read this report to learn the facts, and contact me to start exploring solutions.

Missing Mortgage Payments? It's Never Too Late!

Missing Mortgage Payments?

It's Not Too Late!

According to Lender Processing Services (LPS), over 6.32 million homeowner missed their mortgage payments in April 2011. Another four million have missed more than three months of payments and are now considered seriously delinquent. If you or someone you care about is having difficulty making mortgage payments, you should know it's not too late to get help.

I created this website so homeowners could gather as much information as possible about a homeowner's options and what steps should be taken next. The free reports available on this site are phenomenal resources for you to learn more about how I can help overwhelmed homeowners overcome this temporary challenge in life.

Foreclosure Vs. Short Sale

As a Certified Distressed Property Expert, I have devoted my career to helping homeowners who face difficult situations, taking them from uncertainty to resolution. Lately I've found a lot of conflicting information going around, especially concerning short sales, which you should know about.

A short sale occurs when a lender accepts the selling price of a home, even if it is less than the full amount owed on the mortgage. For particular homeowners, this can be the best option to foreclosure. Yet, I still hear people suggest that short sales are basically the same as foreclosure.

This is absolutely wrong!

You need to have the CORRECT information. That’s why I'm glad you're here. To help, I’ve prepared a free report—just for you—that compares the realities of foreclosures and short sales side-by-side. Simply provide your information below, and I'll send you this report.

If you have any additional concerns about this issue, or your circumstances are urgent, please feel free to give me a call. I can help you evaluate your options and get you back on track to a secure financial future.

Frank Gillen 303-885-8447

Change the Course!

You Can Change the Course!

If you feel like shifting economic winds have not been in your favor lately, you are in good company. More than 6 million homeowners nationwide are in some stage of foreclosure.

If this is the case with you or someone you care about, you are all too aware of the stress and uncertainty that accompanies notices of default, unwanted phone calls and offers of help that turn out to be no help at all.

The fact is, the last thing your bank wants is to foreclose on your home. Banks are willing to negotiate, and you need someone on your side who is adept at negotiating with banks.

As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I am tapped into the best solutions for helping financially distressed homeowners to make a fresh start. If you'd like to learn more, I invite you to access my free report: "Change the Course! And Navigate Away from an Unmanageable Mortgage."

Contact me today and let's get started!

Government Program Surveys

Are You Eligible?

The government programs currently available to homeowners can be valuable resources, but only if you know which ones are right for your situation.

That’s why I’ve created this free resource that lets you find out which programs you’re eligible for. Read the descriptions for each program to see which one fits your situation, then fill out the corresponding survey to see if you are eligible.

Find out now if you are eligible!

The good news is that programs exist for a variety of situations, and even more options are available beyond those programs. As a CDPE-designated agent, I can provide all of your possibilities and help you get moving toward a solution.

On the Edge of Losing Your Home?

When you or someone you know is pushed to the edge of foreclosure, it is vital to know that you have options.

It is my duty as a real estate professional to reach out to distressed homeowners. As a CDPE-designated agent, I have received extensive training to help homeowners avoid foreclosure.

I created this site to provide a lifeline of information regarding alternatives. From short sales to loan modifications, I can provide information to help.

For a free report on foreclosure alternatives, fill out the form below and click "Send." Take action today and avoid falling into foreclosure. I'm only a phone call or email away.

A Dignified Solution

You Deserve a Dignified Solution

The economy today has been especially hard on homeowners. I meet people every day who thought they made a responsible decision on their mortgage loan, only to be hit with the unexpected.

The first and best move to make in this position is to educate yourself on what your options are based on your financial situation. Avoiding foreclosure is always something worth pursuing if you can, and there really are dignified alternatives available.

To get my free report on all the options and benefits of avoiding foreclosure, fill out the form below and click "Send". If you need immediate assistance, please contact me right away.

I'm here to help.