September 2014 Foreclosure/Bank Owned Property for sale Delta, CO
This market report for Delta, Colorado foreclosures covers the city and the outlying rural area. It will list any bank owned property that is listed in the MLS. Overall the number of foreclosures is going down in Delta County. The total percentage of foreclosure listings countywide is around 22%. The number of listing isn't too far off from last month's report.
The inventory is always changing. Properties go under contract and get sold and new listings appear on the market. Contact me for more information on foreclosure/bank owned property for sale in Delta, Colorado.
Here's a look at the current foreclosure inventory:
- There are seven active listings.
- Prices range from $99,900 to $155,000.
- Four properties are under contract.
- Three of the active listings are new construction.
- Five of the properties are out of town.
- Three bank owned houses have sold in the last month.
The inventory is always changing. Contact me for the latest market information.
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With interest rates still low...now is a great time to shop for that perfect home. Bank owned houses tend to sell a bit below market value. Why rent when you can own for about the same price or less per month. It makes sense to talk with an experienced real estate broker and a lender to see if you can qualify to buy a home soon. If you are waiting for the market to bottom out...you've already missed that. We are seeing positive real estate market trends in Delta County, CO. The decreasing number of foreclosure listings is one of them.
With current market conditions the way they are, I expect we will continue to see the number of foreclosure/bank owned properties for sale in Delta County, CO continue to go down.
When looking to buy a bank owned property use a real estate broker that knows the foreclosure market and how to work with the banks. The process is different from buying a traditional listing and there is more paperwork involved. I can help you with that.Here's what my last buyer of a foreclosure home had to say:
If I had had this experience of incorrect and incomplete info, ill-defined terms of offers, getting nothing signed and sent back, and total disregard for deadlines, I would have jumped through the phone and killed someone. You are really the ONLY reason it all came together. I have to say, you work REALLY hard for your money.
Call me for more information on bank owned foreclosure properties in and around the Delta, CO area. I look forward to hearing from you.
I've lived on Colorado's Western Slope for over 24 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you need any real estate information for Montrose County, or Delta County, Colorado...please give me a call.
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