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colorado springs co foreclosures: Public trustee process is unique to Colorado - 05/12/10 07:00 AM
Buying a Colorado Springs Foreclosed Homes --
It's important to understand the Public Trustee Process
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Don't let your dream house become a nightmare Homes sold "As Is" in Colorado Springs....what does it mean? Homes in Colorado Springs, 5 things to know about buying foreclosures 8 biggest mistakes made by Colorado Springs home buyers Banks, how low will they go? Abandoned pets are foreclosure victims I continue to strive to be an expert on Foreclosures in Colorado, both to help sellers facing foreclosures, and for buyers looking to buy a Colorado Springs foreclosure home. I'm always trying to learn … (5 comments)
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colorado springs co foreclosures: Recap of April 2010 bank-owned homes and HUD homes in Colorado Springs - 05/03/10 06:56 AM
Colorado Springs realesate market
Search for Colorado Springs Foreclosed Listings
Related Articles:
Banks, how low will they go? Abandoned pets are foreclosure victims 7 reasons to buy a HUD home in Colorado Springs The Colorado Springs area saw 158 new foreclosure listings for Colorado Springs bank owned homes come on the market since April 1, 2010. The homes are in a variety of different areas of the city, but the POWERS area in the city had the most foreclosures come back on the market, with 30 new listings. The SOUTHEAST area had 16 new foreclosures come back on the market and FOUNTAIN had 17 foreclosed … (0 comments)
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colorado springs co foreclosures: 7 Great reasons to buy a HUD property - 02/23/10 08:07 AM
Colorado Springs HUD Homes
7 Reasons to Buy
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Comprehensive Property Report; HUD has already had a property inspection report done on their properties before they list them for sale. Hence, you have an good idea of what needs to be repaired on them. A buyer should still get an inspection done; but it's nice to know most of what needs to be done before you put in a bid; it cuts down on the surprises. (On the web site where Colorado HUD homes are listed, www.mcbreo.com; you can actually pull off … (2 comments)
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colorado springs co foreclosures: Colorado Springs Foreclsoures in the East Side of Colorado Springs - 02/07/10 07:36 AM
Colorado Springs Homes -- Market breakdown for Active Homes as of 2-6-10
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Related Articles:
Buying a short sale vs. a foreclosure, what's the difference? 9 key things to know about buying a bank repo Banks, how low will they go? Abandoned pets are foreclosure victims 7 reasons to buy a HUD home in Colorado Springs East neighborhoods are south of Austin Bluffs Parkway, North of Platte, West of Uniont of Powers. The homes are in District 11 School District. It includes homes in Village Seven, Old Farm, Rustic Hills, Maizeland.
Active … (0 comments)
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colorado springs co foreclosures: Don't leave your pets behind - 02/04/10 05:54 AM
Don't leave your pet behind
Sometimes I feel like I'm on the front-line of the economy; as I help home sellers in the Colorado Springs area who are in distress with short-selling their home; as well as I have many buyers who are looking at buying a bank-owned foreclosed homes. As I walk into houses that are now bank-owned, I often wonder what happened to the previous owners of the house; what happened to their kids; their jobs. their pets. I always hope they are able to pick up their lives and start over.
There are Options for pets
Pets can … (5 comments)
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colorado springs co foreclosures: Know the differences - 01/24/10 09:48 AM
Do you want to buy a bank-owned property in Colorado Springs?
Understand the Differences
For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com
Related Articles:
Don't let your dream house become a nightmare Pre-Qualification or Pre-Approval, which do you need to buy a home? Homes sold "As Is" in Colorado Springs....what does it mean? Homes in Colorado Springs, 5 things to know about buying foreclosures Buying a short sale vs. a foreclosure, what's the difference? Buying Bank properties is very different than buying a home from a regular seller. Make sure you and your Realtor have discussions about what … (0 comments)
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colorado springs co foreclosures: Colorado Springs HUD Homes -- Great reasons to buy now - 01/05/10 07:31 AM
Colorado Springs HUD home - 7 Reasons to Buy
For a FREE list of Colorado Springs Foreclosure Homes, Email KTorline@msn.com
Comprehensive Property Report; HUD has already had a property inspection report done on their properties. Hence, you have an idea of what needs to be fixed on them. A buyer should still get an inspection done; but it's nice to know most of what needs to be done before you put in a bid; it cuts down on the surprises. Precise Bid Periods: All HUD properties are on a bid period, consequently you'll know quickly whether or not your bid has been … (0 comments)
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colorado springs co foreclosures: How do banks price a foreclosed home? - 12/15/09 07:49 AM
What is a Colorado Springs foreclosures?
FREE list of up-to-date foreclosures
First - Let's define the word, Foreclosure. When buyers talk about foreclosure, what they mean is a bank-owned property that had been acquired through the foreclosure process.
What happens once the bank gets the property?
After the bank repossesses the property (typically at the Public Trustee Sale at the County courthouse), it is assigned to an Asset Manager and goes through several internal procedures before it is available for sale in the marketplace. One of the processes includes a market evaluation of the property which may include a full blown … (8 comments)
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colorado springs co foreclosures: Don't get caught on title seasoning rules with FHA loans - 12/15/09 07:44 AM
Buying a flipped property in Colorado Springs?
Related article: 3 Things to know about foreclosure homes for sale and Deal or no Deal
FREE list of up to date foreclosures
Twice this week I've ran into issues with buyers who wanted to buy distressed homes in Colorado Springs with FHA loans and the properties didn't have Seasoned Titles. Hence, I thought it was great subject for a blog post, as I didn't truly understand it until this week; and my guess is that many Realtors and most consumers also don't understand it.
If a buyer is looking at a property and is planning … (1 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures -- Listings in Fountain Valley Area as of 12-7-09 - 12/08/09 06:03 AM
Market information for Active and Foreclosure Homes in Fountain Valley Colorado Springs as of 12-7-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Homes in Fountain Valley Ranch near Fort Carson, Country Crossing, Heritage, Widefield, Windmill Mesa, Security
Short sales: 51 (11.2%) Bank-owned: 13 (2.8%) VA Owned: 1 (.2%) Regular: 391 (85.6%) Gov. Repo: 1 (.2%) HUD: 0 Breakdown of homes for sale in Fountain Valley Colorado Springs, INCLUDING FORECLOSURES:
This Colorado Springs Real Estate report contains information on homes in Fountain Valley Colorado Springs.This information is taken from the Pikes Peak Realtor Services Corp and is … (1 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures -- Listings in East Area as of 12-7-09 - 12/08/09 05:27 AM
Market information for Active and Foreclosure Homes in East Colorado Springs as of 12-7-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Homes in Sundown, University Heights, Rustic Hills, Northridge
Breakdown of homes for sale in East Colorado Springs, INCLUDING FORECLOSURES: 337
Short sales: 30 (8.9%) Bank-owned: 14 (4.2%) VA Owned: 1 (.3%) Regular: 289 (85.8%) Gov. Repo: 1 (.3%) HUD: 2 (.6%) Partial list of Foreclosed homes in East Colorado Springs currently on the market
This Colorado Springs Real Estate report contains information on homes in East Colorado Springs.
This information is taken from the Pikes Peak … (1 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures - Black Forest Area as of 11-10-09 - 11/10/09 07:53 AM
Black Forest Homes
Market breakdown for Active Homes as of 11-9-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Related Post:
Buying HUD homes in Colorado Springs, Part I Buying HUD homes in Colorado Springs, Part II Colorado Springs HUD Homes - Part III in FAQ's HUD homes available for $100.00 downpayment
Active homes for sale: 202
Short sales: 15 (7.4%) Bank-owned: 6 (3%) Regular: 180 (89.1%) HUD: 1 (.5%) Active Homes for Sale as of 11-9-09:
Single Family Homes: 188 (93%) Condos/Townhomes/Patio Homes: 14 (7%) Partial list of Foreclosed homes currently on the market
This Colorado Springs Real Estate … (1 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures -- Northeast Colorado Springs as of 11-10-09 - 11/10/09 07:35 AM
Market information for Active and Foreclosure Homes in Northeast Colorado Springs As of 11-4-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: University Park, Pulpit Rock, Vista Grande, Sundown, University Heights, Wagon Trails, Garden Ranch
Related Post:
Buying HUD homes in Colorado Springs, Part I Buying HUD homes in Colorado Springs, Part II Colorado Springs HUD Homes - Part III in FAQ's HUD homes available for $100.00 downpayment
Breakdown of homes for sale, INCLUDING FORECLOSURES: 409
Short sales: 25 (6.1%) Bank-owned: 18 (4.4%) Normal: 362 (88.5%) HUD: 4 (1.0%) Active homes for sale: 409
Single Family Homes: … (1 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosure - East Colorado Springs as of 11-6-09 - 11/07/09 05:29 AM
Market information for Active and Foreclosure Homes in East Colorado Springs As of 11-6-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Homes in Sundown, University Heights, Rustic Hills, Northridge, Village Seven
Related Post:
Buying HUD homes in Colorado Springs, Part I Buying HUD homes in Colorado Springs, Part II Colorado Springs HUD Homes - Part III in FAQ's HUD homes available for $100.00 downpayment
Breakdown of homes for sale, INCLUDING FORECLOSURES: 351
Short sales: 25 (7.1%) Bank-owned: 11 (3.1%) VA Owned: 1 (.3%) Regular: 314 (89.5%) Active Homes for Sale: 351
Single Family Homes: 250 (71%) Condos/Townhomes/Patio … (0 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures -- Listings in Old Colorado City as of 11--6-09 - 11/07/09 05:16 AM
Homes in Colorado Springs -
Market information for Active and Foreclosure Homes in Old Colorado City As of 11-4-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Related Post:
Buying HUD homes in Colorado Springs, Part I Buying HUD homes in Colorado Springs, Part II Colorado Springs HUD Homes - Part III in FAQ's HUD homes available for $100.00 downpayment
Breakdown of homes for sale, INCLUDING FORECLOSURES: 191
Short sales: 9 (4.7%) Bank-owned: 5 (2.6%) Normal: 177 (92.7%) Active homes for sale: 191
Single Family Homes: 126 (66%) Condos/Townhomes/Patio Homes: 65 (34%) Partial list of Foreclosed homes … (2 comments)
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colorado springs co foreclosures: Why should I buy a HUD Home? - 10/20/09 08:16 AM
Colorado Springs HUD home - 7 Reasons to Buy
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Comprehensive Property Report; HUD has already had a property inspection report done on their properties. Hence, you have an idea of what needs to be fixed on them. A buyer should still get an inspection done; but it's nice to know most of what needs to be done before you put in a bid; it cuts down on the surprises. Precise Bid Periods: All HUD properties are on a bid period, consequently you'll know quickly whether or not your bid has been accepted. Low … (0 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures - Falcon as of 10-15-09 - 10/15/09 05:09 AM
Falcon Homes
Market information for Active and Foreclosure Homes in Falcon As of 10-15-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Active Homes for Sale: 89
Breakdown of homes for sale, INCLUDING FORECLOSURES, as of 10-15-09
Short sales: 11 (12.4%) HUD: 5 (5.6%) Government Owned: 1 (1.1%) VA: 1 (1.1%) Bank-owned: 4 (4.5%) Regular: 67 (75.3%) Partial list of Foreclosed homes currently on the market
This Colorado Springs Real Estate report contains information on homes in Falcon Colorado Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
… (0 comments)
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colorado springs co foreclosures: Colorado Springs Foreclosures - Black Forest as of 10-15-09 - 10/15/09 04:59 AM
Black Forest Homes
Market breakdown for Active Homes as of 10-15-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Active homes for sale: 209
Short sales: 11 (5.3%) Bank-owned: 8 (3.8%) Regular: 189 (90.4%) HUD: 1 (.5%) Active Homes for Sale as of 10-15-09: 209
Single Family Homes: 197 (94%) Condos/Townhomes/Patio Homes: 12 (6%) Partial list of Black Forest Foreclosed homes currently on the market
This Colorado Springs Real Estate report contains information on homes in Black Forest Colorado Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
A … (2 comments)
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colorado springs co foreclosures: 6 Short Sale Questions every seller wants to know - 09/15/09 06:59 AM
Are you considering selling your home by means of a short sale, but have lots of questions? If so, read on ......
(1) I want to do a short sale and have a 2nd mortgage, does this make me ineligible? No. Both of your lenders will need to be satisfied in some way to complete the short sale. Many short sales do involve 1st and 2nd lien holders.
(2) Do I have to miss a payment to do a Short Sale?
No, not necessarily. Some lenders will accept short sale offers from sellers who have never missed a payment. But … (7 comments)
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colorado springs co foreclosures: Facts about FHA short sales - 01/27/09 06:11 AM
Every short sale listing is different, mainly because each lender has their own way of handling things and their own set of rules regarding short sales. But in addition to different rules with each lender, there are also special requirements for FHA loans. The Dept of HUD published Mortgagee Letter 2008-43 on December 24, 2008, which details the new procedures for the FHA Pre-Foreclosure sale (PFS). The PFS is what FHA calls their Short Sale. If a seller is shorting an FHA loan, here's some of the major things they need to know:
HUD used to have a rule that … (8 comments)
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Kathy Torline, Colorado Springs Real Estate Blog 719-287-1049
Colorado Springs,
CO
More about me…
ERA Herman Group Real Estate
Address: 4065 N. Sinton, Suite 200, Colorado Springs, CO, 80907
Cell Phone: (719) 287-1049
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