Certified Realtors are Scouting Foreclosure Infested Neighbourhoods to Help and be Helped

Some realtors have been given training to dealIn northwestern region of Fort Collins, Waterglen
with the present foreclosure climate of thehas experienced 11 foreclosures in 2008. Taylor
housing sector. Taylor Grant and Jimmy Stewartpredicts the number will increase this year and the
are two of them. By undergoing the training andnext as ARM’s are ready to pounce with
got a certificate they are not only helpinghigher interest rates. The officials of Local Affairs
themselves to do good business dealing with theDivision of Housing in Colorado said that apart
foreclosed properties but they are also helpingfrom ARM there are other causes fueling
those afflicted and interested in avoidingforeclosures. Its spokesperson Ryan McMaken
foreclosure.said, “If mass layoffs continue, which
Some houses are saved, some sold and few arethey show no sign of abating, foreclosures will
foreclosed as usual. In all the community iscontinue to be an issue. Just because we have
benefiting from this new move that has beensome economic growth doesn't necessarily mean
taken in the right direction.people will be able to make their payments.