Colorado Springs Real Estate, Colorado Springs Real Estate Investments, Colorado Springs realty

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How can I steal properties from the banks?

 

WHAT CAN I EXPECT TO PAY?

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

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I am often asked by buyers how much they can expect to pay for a Colorado Springs foreclosures and short sales.    You can definitely get a good deal them, just don’t expect to steal them.
 
My research shows that short sales and foreclosure sell for 97% to 99% of the list price.    If you think you will get a Colorado Springs foreclosure or a Colorado Springs short sale for 50% off the list price, you are wrong and wasting your time.   
 
But, it’s important to know that bank-owned homes in Colorado Springs are already priced aggressively and ready to move.   When you look at the SOLD price for the different categories, bank-owned homes and short sales sold for 20 – 25% less than the “normal” sales in Colorado Springs  Here’s a quick recap of Sales from January 1, 2010 to February 15, 2010:
 
pricing comparisions
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Market in Northwest Colorado Springs is almost foreclosure free

northwest-foreclosuresHomes in Colorado Springs – Northwest

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Market breakdown for Active Homes as of 5-18-09

Neighborhoods:   Homes in Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen

Active homes for sale

  • Short sales:   5 (1.6%)
  • Bank-owned:  5 (1.6%
  • Regular:  300 (96.8%)

Active Homes for Sale as of 5-18-09 : 

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Colorado Springs Homes for Sale — New Foreclosure Listings For week of May 9th

Saturday bargains – Homes in Colorado Springs

NEW Foreclosure Listings in Colorado Springs – for the week of May 2, 2009

For a FREE list of up-to-date Foreclosure Homes, Email KTorline@msn foreclosures-5-2-091

Partial list of NEW Colorado Springs Foreclosed homes currently on the market  Read the rest of this entry »

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Colorado Springs Homes for Sale — New Foreclosure Listings For week of April 25th

Saturday bargains – Homes in Colorado Springs

NEW Foreclosure Listings in Colorado Springs – for the week of April 25th , 2009

For a FREE list of up-to-date Foreclosure Homes, Email KTorline@msn

foreclosures-4-25-09

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