colorado springs reo: Become an expert at research.
- 11/02/10 12:48 PM
If you want to buy a Colorado Springs foreclosure, you'll need to do your homework. Search for Colorado Springs foreclosures 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? 6 mistakes to avoid when buying a Foreclosed Home in Colorado Springs: (1) Bidding War: Don't get caught up in a bidding war, treat this as a business decision. Some banks are under pricing their foreclosed homes; which can result in multiple bids. Buyers … (1 comments)
colorado springs reo: Tips on buying a foreclosed home in Colorado Springs
- 09/24/10 03:42 AM
You want to buy a foreclosure? 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 First, you have to decide at what stage of foreclosure you want to buy. There are three options: Pre-foreclosure (which is typically a short sale) Trustee's auction (where the bank buys back the property or the property is bought by an investor) REO (for real estate owned by the bank). Pre-foreclosure: These houses are in the foreclosure process, but they have yet to be sent to auction. … (2 comments)
colorado springs reo: Don't trust the pictures
- 06/18/10 02:46 AM
Don't trust the picture -- see for yourself Search for Foreclosed homes in Colorado Springs Related Article: What makes buying a foreclosure different? I was previewing properties in January for a buyer who was relocating to Colorado Springs from out of state; and it reminded me how nothing takes the place of seeing a property in person. No matter how good technology is, how many pictures are posted online, you still have to see a property to understand it. Nothing takes the place of seeing it. One of the properties I was looking at was in the North Central part of Colorado Springs … (4 comments)
colorado springs reo: 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 reo: 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 reo: 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 reo: 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 reo: 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)
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)
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)
If you want to buy a Colorado Springs foreclosure, you'll need to do your homework.
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