real estate in canon city colorado: Foreclosure in Colorado
- 09/22/10 07:36 AM
Foreclosure in Colorado is up as it is around the country. To those loosing their homes it’s horrible - to buyers it’s an opportunity. Below is a 101 lesson in foreclosure, the process and terms. As always consult with an attorney if you are loosing your property or considering buying one. Seek advice from qualified finance, tax and legal professionals. Effects of Foreclosure : For the Distressed Homeowners: loss of home, loss of equity, damage to credit by approx 200 points, remains on credit history for 7 years. For the Neighboring homeowners.....read more here … (0 comments)
real estate in canon city colorado: Bargain Shopping for a short sale or REO
- 09/22/10 07:32 AM
Inventory is up and demand is down, so it’s a good time to look for a bargain in real estate in the form of a short sale or *REO. Here is a few things you should know before starting your hunt for a real estate bargain: 1) Have no contingencies, be ready to move forward with no objectives 2) Don’t have to sell your current home before purchasing 3) Be patient! This process can take months……… 4) Have your own resources to repair or rehab the property if needed. Buyers are you ready to wait.....read more here … (0 comments)
real estate in canon city colorado: The Sound of the Economy in Fremont County
- 09/21/10 03:49 AM
The “Tri City” area of Fremont County is made up of the tiny towns of Williamsburg, Rockvale and Coal Creek. The population of these towns is approx 1500 provided nobody left for vacation or has family visiting. Towns so small that they are difficult to find on a map. These towns are so tiny that the economy has had very little effect on them. Once coal mining towns their hay day is long gone. At Central Ave and oak Creek there is a side track. A set of railroad track that go nowhere. For the last several years empty train cars … (0 comments)
Foreclosure in Colorado is up as it is around the country. To those loosing their homes it’s horrible - to buyers it’s an opportunity.
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