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Colorado Springs Foreclosures List - January

by Alan Daniels

There are currently 123 designated Foreclosures for sale in Colorado Springs and surrounding areas.  Up from 121 last month but lookout for more of an increase of inventory moving into the Spring.  21 foreclosures on the list are brand new to the market and 15 just had recent price reductions.  Foreclosures in this market are currently priced from $1 to $699,000. 

Be sure to check out the 123 available foreclosure properties instantly by clicking on the box below

Click Here for the Most Updated List of Foreclosures with All Details and Photos

Government Suspends Waiting Period For Home "Flippers"!

by Alan Daniels

Homes in Colorado Springs | Investing in Real Estate

The Bush administration has temporarily suspended a rule that imposes a 90 day waiting period before government backed loans can be provided on foreclosure homes and other distressed properties.  This rule has been around for about 5 years,  and was put in place to deter property flipping schemes, where buyers are overcharged for foreclosures or other distressed properties.  The rule is being temporarily suspended to expedite the sale of foreclosures on the market and cut the supply of properties.

Displaying blog entries 1-2 of 2

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