Do you own an unwanted house and need to sell quickly?
DOES THIS SOUND LIKE YOU?
- LATE On Your Payments?
- Currently in FORECLOSURE?
- Have a Property in POOR CONDITION aka an UGLY HOUSE?
- Haven't Been Able To Get It Sold In The Past?
- Making DOUBLE PAYMENTS?
- Going through a divorce?
- Job transfer or new job opportunity?
- 100% Financed?
- Health Issues causing you to not be able to make your payments?
- Just Need to Sell FAST?
These are common problems that can happen to anyone. I buy houses from people in situations just like yours, in any area, any condition, or price rage. I specialize in finding creative solutions to your real estate problems that others will not touch. I can quickly close with no hassles, no commissions and I will handle all of the paperwork.
Rarely do these problems just go away. Call NOW! Let’s find a solution that will work for you. YOU will be surprised at the options YOU have.
CALL MELANIE WESEMAN FOR A FREE CONSULTATION TO DISCUSS:
- I can pay cash for your home
- I can list your home to get it sold quickly
- I specialize in short sales (negotiating with the banks to take a lower price for your home than what is owed in order to get you out of your mortgage. You would not be responsible for the difference.)
- Get a new loan
- Lease Option the property
Client Recommendation:
The McCoveys: When Melanie came to us, we were desperate. She gave us the moral support and compassion that we needed desperately. She guided us through the foreclosure process and helped us see what our options were. We listed our home with her to do a short sale. We also were referred to DebtStoppers to help us with our credit card issues. She has been a support to us even after the process was done. She still keeps in contact with us to see how we are doing. I would recommend her services to anyone. She is honest and straightforward.
Foreclosure Facts:
Fact: 90% of all homes in foreclosure return to the bank.
Fact: If you pay off the past due amount or the entire amount of the loan within 30 days of starting the foreclosure process, your credit will only show late payments.
Fact: If your home returns to the bank, it will take many years to repair your credit and purchase another home.
Don’t become another statistic. Call Melanie Weseman today for a free consultation!!!
Bankruptcy?
Why was it invented?
Since its inception, the bankruptcy code was designed for one purpose, to help relieve Americans from the shackles of endless and unmanageable debts. Before the bankruptcy code came about, people went to debtor's prison. We all know we can't pay many bills while in jail. So the law was written to give people a way out with a fresh start.
The Price you pay.
Aside from the attorney fees of up to $1500.00, and appearances in court, bankruptcy is not a pleasant experience. The filing becomes a matter of public record and the mark stays on your credit file for 10 years. The mark proclaims to the world, "I had to rely on the court's protection from my creditors. I was unable or unwilling to find another solution." This is why lenders are concerned when they see this notation. It makes borrowing in the future a bigger challenge and rates are higher for as long as they hold it against you.
When bankruptcy makes sense.
When you have exhausted every avenue possible, and you simply cannot make your payments, it may be time to consider the protection from the court. The filing of a bankruptcy will stop a foreclosure in its tracks. The mortgage company must cease all collection and legal activity by law. In a chapter 13, a trustee is appointed who will disburse funds from your pay to go to all of your creditors in a plan that you can afford. You will pay your mortgage payment each month as you did before you ran into trouble, with no increase to the payment. The pay plan will continue for 3 to 5 years depending on the amounts behind.
We are not a law firm. These guidelines are not to be construed as legal advice or the practicing of law.
I am a professional real estate investor and agent. I have lived and worked in the Colorado Springs area since 2000 with my husband and children. I have high moral standards, integrity, and honesty. My primary goal is to assist you in providing a win-win situation for everyone involved. In the past 24 years I have bought and sold homes and duplexes, purchased investment properties, bought foreclosure properties to fix up and resell again, worked with banks to accept a short sale, and assisted sellers in quickly getting out from under mortgage payments.
Call me for a no obligation consultation to discuss your options. What have you got to lose, except for a few minutes time?
The Foreclosure Process
As of 2007, Colorado state representatives implemented the Colorado Foreclosure Protection Act. The purpose of the act is to curtail and prevent deceptive and unconscionable business practices designed to dispossess or otherwise strip equity from homeowners in financial distress. It also provides each homeowner with information necessary to make an informed and intelligent decision regarding transactions with certain foreclosure consultants and equity purchasers. Furthermore, it provides the homeowner with certain minimum requirements for contracts between such parties.
The biggest change is the combination of the Notice of Sale and Right to Cure and Redeem time periods. These used to be separate time periods, but the new Foreclosure Act combines them together.The clock starts ticking from the recording date of the Notice of Election and Demand (NED). That is the date that the public trustee’s office records the lender’s attorney paperwork and starts the foreclosure process. Then, the homeowner has between 110-125 calendar days (this combines the 2 time periods) to come up with late fees, public trustee’s fees, attorney’s fees, etc. It used to be the homeowner had to come up with the entire amount owed, including the entire loan amount, to get out of foreclosure, but the new law changes that.
In the past, homeowners were defrauded of equity and lied to by "foreclosure consultants" about how the consultant can help the owner through foreclosure. Many times, the homeowners were told that they could have the process stopped and that was not the case. To deter these "experts," the new law requires everyone assisting owners in foreclosure to sign and date the Foreclosure Property Addendum To Contract To Buy And Sell Real Estate, form FPA33-8-07. This gives the property owner 3 days to cancel the transaction if they want to.
If something sounds to good to be true, it probably is. The El Paso County Public Trustees office can answer many questions for you, but they cant assist with legal concerns. You are welcome to give The Weseman Team a call at 719-338-5123 or fill out the contact form below and we will contact you. If you have lender questions regarding refinancing or any other financing questions, please contact our preferred lender below.
Frequently Asked Questions
Q: How does the process work?
A: It's simple. You fill out the form below giving me some basic info about your home. If it looks like your situation is something I can assist you with, I will contact you to discuss the property. The worst that can happen is that you take a bit of your time exploring the opportunity.
Q: Is this a scam?
A: No. I could get in a lot of trouble if it was! I am a real estate investor that specializes in non-traditional approaches to real estate.
Q: Do I only buy/list houses? What about condos, townhouses...?
A: I buy/list houses, condominiums, townhouses, duplexes, triplexes, fourplexes, office buildings, land, lots, apartment buildings and/or any structure that has a deeded lot with it.
Q: If I fill out the form, am I obligated to anything?
A: There is no obligation whatsoever. The only time you would be obligated to anything is if you enter into a contract with me. Then it becomes like any normal real estate transaction.
Our Preferred Lender Contact Information:
Apple Mortgage
Rich Dillman
1155 Kelly Johnson Blvd #200
Colorado Springs, CO 80920
719-201-8193
Email: Rich@AppleLoans.com
Investors - Wholesale Homes
Buy properties up to $50,000 below market prices! These homes do not show up on the MLS and are available only through Investar. Our company handles 100-150 foreclosure/distressed properties a year. They are located in and around Colorado Springs. Properties are sold "As Is" and most of the properties need some work done to them. It can be as simple as paint and carpet or as challenging as new kitchens/bathrooms. We can provide referrals for you on any type of job you need done.
We can also help you with the financing. We work with several loan companies that have done LOTS of investor loans. Loan programs will allow for a 95% loan to value rate. That means you only need 5% down for these properties. Financing is also available for 100% if you are going to live in it!
Give us a call at 719-338-5123 or 719-494-0760 for a current list of available properties. They sell quickly (usually within a few days), so call today!!
Examples of previous homes sold:
- Fountain area: 2 bedroom/2 bath home for $99,000. Valued at $130,000 when fixed up.
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Central area: 3 bedrooom/1 bath home for $107,000. Valued at $137,000.
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Village 7 area: Bilevel with 4 bedrooms/2 baths for $33,000 below market value. Price is $142,000.
DebtStoppers is a non-profit, non-denominational 501(c)3 Christian ministry, and consumer credit counseling agency. We provide free counseling as well as debt consolidation to help people who want to put a stop to debt & credit problems. We help people dealing with any of the following; excessive debt, late payments, poor credit, creditor harassment, reduced wages or poor spending habits. We work with almost all types of consumer debt including credit cards, payday loans, medical bills, signature loans, financed retail purchases, etc. DebtStoppers can help people get out of debt up to 10 times faster than other alternatives, and can help people avoid bankruptcy. We serve all communities throughout Colorado and are a member of the Pike’s Peak Better Business Bureau (BBB).
