Legal Question in Real Estate Law in Colorado
About to loose home in Colorado
Can we homestead our home to avoid foreclosure in Colorado?
What options do we have....we have already once rolled payments to the back of our mortgage loan....now we are behind about two months....what can we do to save our home?
1 Answer from Attorneys
Re: About to loose home in Colorado
Hello,
Sorry about the problems. Homestead does not protect the home against foreclosure. You likely singed a waiver of homestead for any home loan. Homestead generally does not prevent a lender from foreclosing on their secured loan.
Contact the Colorado Foreclosure Hotline http://www.dola.state.co.us/cdh/foreclosure.htm and see if they have some ideas. Contact CO legal services and see if you qualify for free legal assistance http://coloradolegalservices.org/co/homepage.html
Do not contact the people who post the various ads claiming foreclosure assistance. Good luck.
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