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Archive for June 22nd, 2009

What can I expect to pay?

WHAT CAN I EXPECT TO PAY?

For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com

I am consistently asked by buyers how much they can expect to pay for Colorado Springs foreclosures.  My research shows that short sales and foreclosure sell for right around 95% to 99% of the list price.    If you think you will get a Colorado Springs foreclosure or a Colorado Springs short palmer-park-rocks-with-city-in-back-smallsale for 50% off, you are wrong and wasting your time.  These homes are already priced aggressively and ready to move.

 

Colorado Springs Foreclosures May 2009

  • 153 Foreclosures Sold (16% of the total sales for the month)
  • $157,454 Average Sales Price
  • 98% Sold for Price  vs. List Price
  • Average days on market:  72

Colorado Springs Short Sales May 2009

  • 53 Short Sales Sold (6% of the total sales for the month)
  • $176,960 Average Short Sales Price
  • 98% Sold for Price vs. List Price
  • Average days on market:  167 Read the rest of this entry »

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