foreclosure Archives - Page 2 of 2

Colorado Foreclosure Process and Time Frames

August 31, 2015December 10, 2009 by Frascona

DELINQUENCY: The day after a payment is due, a loan is DELINQUENT. If the grace period runs until the 16th of each month (as it does for all FHA loans) and payments are posted each month on the 10th, then the loan becomes DELINQUENT for a short period each month. DEFAULT: A loan is … Continue Reading

Foreclosure Evolution (Part II)

October 22, 2015May 1, 2008 by Jon Goodman

Co-Author: Karen J. Radakovich, Esq. This article is Part II of a two part series. Part I is available at Foreclosure Revolution (Part I). A prior issue of this column explained the revolutionary change in Colorado’s foreclosure law. For foreclosures started after January 1, 2008, the owner no longer has a post-foreclosure sale redemption right. … Continue Reading

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