foreclosure: High-End to Destroyed Through Foreclosure in Steamboat Springs
- 06/08/12 11:57 PM
High-End to Destroyed Through Foreclosure in Steamboat Springs A true story of the ramification of foreclosure. There is a home located in an area called the Sanctuary in Steamboat Springs, Colorado. It's a high-end neighborhood near the Steamboat ski area and Fish Creek Falls. Most of the homes are between 3,500 and 7,000 square feet with value starting around $1,2 million up to $5 million. Once priced at $2.2 million, this 4 bedroom home has wonderful views over Steamboat Springs, Colorado. The price dropped and for several months this home was offered for sale as a short sale at a price of $1,500,000. This … (7 comments)
foreclosure: Third Quarter Foreclosures Jump - Good for Real Estate?
- 10/17/11 06:30 AM
Third Quarter Foreclosures Jump - Good for Real Estate? Nationally the Associated Press reported third quarter first time default notices increased 14% over second quarter. Routt County Colorado, where Steamboat Springs is located, is trending upward as well with 86 new foreclosures documented from July-September which nets a 39% jump from 62 foreclosures in the second quarter. The Steamboat Springs’ real estate market saw 104 default notices in the first quarter of 2011. Routt County Treasurer's Office Chart This latest spike in foreclosure notices signals that Steamboat Springs’ home owners who are delinquent on mortgage payments will likely see their homes taken back by … (0 comments)
foreclosure: Foreclosure vs. Short Sale: Homeowner Ramifications
- 09/28/11 06:55 AM
Foreclosure vs. Short Sale: Homeowner Ramifications Heritage Title Company, one of Steamboat Springs’ CO local title companies, presented a hand-out at our MLS meeting yesterday that provides valuable information for clients facing a distressed home sale. Top-line answers for clients are as follows: Credit Score* In Foreclosure the credit score may be lowered anywhere from 250 to more than 300 points and typically will affect a credit score for over 3 years.* In a Short Sale only late payments on mortgage will show and after the sale, mortgage is normally reported as paid as agreed, paid as negotiated or settled. This … (6 comments)
High-End to Destroyed Through Foreclosure in Steamboat Springs A true story of the ramification of foreclosure. There is a home located in an area called the Sanctuary in Steamboat Springs, Colorado. It's a high-end neighborhood near the Steamboat ski area and Fish Creek Falls. Most of the homes are between 3,500 and 7,000 square feet with value starting around $1,2 million up to $5 million.
;)
;)
