colorado springs foreclosures: Should I walk away? - 03/23/11 01:49 AM
Should I just walk away from my Colorado Springs home?
Related Posts:
How do you price a Colorado Springs short sale?  21 reasons short sales fail  When I hear a Colorado Springs home owner say they are thinking about walking away from their home, I realize they have no idea how a foreclosure can ruin their credit and their ability to buy another home in the future.   The idea of walking away may seem very appealing; but the reality is that is will have long-term effects on their future ability to purchase a home as well as purchase anything on credit.
Fannie Mae … (1 comments)

colorado springs foreclosures: Short sales require patience for buyers - 02/10/11 12:00 AM
Do you want to buy a Short sale in Colorado Springs?
For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com
Related Article:
Buying a short sale vs. a foreclosure, what's the difference?    If you are wondering what it takes to successfully buy a Colorado Springs home listed as a short sale, here are  some tips.  
1. Be patient - This is by far the most important thing to remember when buying a short sale.   If you need to move by a certain date, purchasing a short sale isn't for you.   
Don't put in an offer, and then a week later … (3 comments)

colorado springs foreclosures: 5 tips to SUCCESSFULY purchase a short sale - 01/24/11 12:28 AM
Do you want to buy a Short sale in Colorado Springs?
For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com
Related Article:
Buying a short sale vs. a foreclosure, what's the difference? 
If you are interested in successfully purchasing a Colorado Springs home which is listed as a short sale, here are 5 tips.  
1. Be patient and realistic -- This is by far the most important thing to remember when buying a short sale.   If you need to move by a certain date, purchasing a short sale isn't for you.    Again, remember patience.
Don't put in an offer, and then … (2 comments)

colorado springs foreclosures: How do I bid for a house at the Public Trustee auction - 11/07/10 11:59 PM
Want to buy a FORECLOSED house at the Public trustee auction in Colorado?
Related Articles
HUD homes available for $100.00 downpayment  Buying a short sale vs. a foreclosure, what's the difference? 9 key things to know about buying a bank repo  Do you want to buy a Foreclosure in Colorado Springs? The El Paso Public Trustee holds a foreclosure auction every Wednesday at 10 AM.    If you are interested in trustee auctions in other counties, check out their web sites and it will tell you when and where there sale date is held.  Here's the web site that lists every Public … (3 comments)

colorado springs foreclosures: Public trustee process is unique to Colorado - 05/12/10 12:00 AM
Buying a Colorado Springs Foreclosed Homes --
It's important to understand the Public Trustee Process
Related Articles  
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)

colorado springs foreclosures: Recap of April 2010 bank-owned homes and HUD homes in Colorado Springs - 05/02/10 11:56 PM
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)

colorado springs foreclosures: 7 Great reasons to buy a HUD property - 02/23/10 12:07 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)

colorado springs foreclosures: Colorado Springs Foreclosures in the NORTHWEST area - 02/13/10 10:28 AM
Homes in Northwest Colorado Springs
Market breakdown for Active Homes as of 2-10-10
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 Northwest Colorado Springs is west of I-25, north of Garden of the Gods Road, all the to the US Air Force Academy. These neighborhoods include: Peregrine, Rockrimmon, Mountain Shadows, Oak Valley Ranch and Pinon Valley.   Some … (0 comments)

colorado springs foreclosures: Colorado Springs Foreclsoures in the East Side of Colorado Springs - 02/06/10 11:36 PM
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)

colorado springs foreclosures: Don't leave your pets behind - 02/03/10 09:54 PM
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)

colorado springs foreclosures: Know the differences - 01/24/10 01:48 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)

colorado springs foreclosures: Colorado Springs HUD Homes -- Great reasons to buy now - 01/04/10 11:31 PM
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)

colorado springs foreclosures: How do banks price a foreclosed home? - 12/14/09 11:49 PM
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)

colorado springs foreclosures: Don't get caught on title seasoning rules with FHA loans - 12/14/09 11:44 PM
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)

colorado springs foreclosures: Colorado Springs Foreclosures -- Listings in Fountain Valley Area as of 12-7-09 - 12/07/09 10:03 PM

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)

colorado springs foreclosures: Colorado Springs Foreclosures -- Listings in East Area as of 12-7-09 - 12/07/09 09:27 PM
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)

colorado springs foreclosures: Colorado Springs Foreclosures - Black Forest Area as of 11-10-09 - 11/09/09 11:53 PM
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)

colorado springs foreclosures: Colorado Springs Foreclosures -- Northeast Colorado Springs as of 11-10-09 - 11/09/09 11:35 PM

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)

colorado springs foreclosures: Colorado Springs Foreclosure - East Colorado Springs as of 11-6-09 - 11/06/09 09:29 PM
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)

colorado springs foreclosures: Colorado Springs Foreclosures -- Listings in Old Colorado City as of 11--6-09 - 11/06/09 09:16 PM
 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)

 
Kathy Torline, Colorado Springs Real  Estate Blog 719-287-1049 (ERA Herman Group Real Estate)

Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049

Colorado Springs, CO

More about me…

ERA Herman Group Real Estate

Address: 5825 Delmonico , #330A, Colorado Springs, CO, 80919

Mobile: (719) 287-1049

Fax: (719) 528-7117



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