how can i find foreclosures in boulder,co?

Asked by Cristina, 80026 Fri Apr 25, 2008

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Jim Schutz, Agent, Boulder, CO
Fri Apr 17, 2009
If you are interested in purchasing a foreclosure home in the Boulder area (or anywhere), you should contact a local Real Estate Agent who is knowledgeable and experienced in dealing with foreclosures. Preferably a broker who has Listed AND Sold such properties.
A good agent will have access to all of the local foreclosure filings before they are published. Bank-owned properties are typically listed in the local MLS after the bank takes possession, and these can be searched by your Agent. Your agent can also guide you through the process of purchasing HUD (Housing and Urban Development) homes, which have a very specific purchase process.
Hope this helps. Let me know if you would like a referral to a local broker.
-Jim
1 vote
Ron Rovtar, Agent, Boulder, CO
Sun Oct 2, 2011
Hi Cristina:

There are a number of places where you can look for foreclosures in Boulder County. However, I would caution you about paying a website for this information. In general my clients have not found these sites useful since the information is available elsewhere for free. Additionally, some of the worst sites list properties that were foreclosed and sold a long time ago. For the best information, I would suggest you check the Boulder County Trustee's website. This is about as thorough and official as you can get. But it does have old information and filings that may not go all the way to the end of the process. Scroll down on the landing page to learn all the different ways you can search. And make sure you look through the glossary (use link at the top of the landing page) to learn more about foreclosure in Colorado and to understand which properties are likely to end up on the market. http://www.bouldercountypt.org/

I also would suggest you look at available HUD properties at: HUDHomestore.com

And at Fannie Mae properties at: http://www.homepath.com/

This can all be a little confusing. If you feel you need some additional help, please call me.

Kind regards,
Ron Rovtar
Prudential Real Estate of the Rockies
Days: 303.981.1617
Evenings: 303.473.1926
ron@rovtar.com
http://www.rovtar.com
0 votes
Lauren Hitch…, Both Buyer And Seller, San Diego County, CA
Thu Sep 29, 2011
Why not pool your money with a successful real estate investment company and get more leverage out of said cash?

We at West Realty Advisors, LLC. have a proven track record of successful real estate investments. We know how to find all the distressed homes in a given market and turn them into profitable rentals.

The only thing slowing us down right now is available funds. If we can get our hands on even more money, we'd be that much more successful yet!
0 votes
Suz A, Agent, Longmont, CO
Thu Sep 29, 2011
Couldn't agree more, James. A local agent knows the market. I've been living here in Boulder County for 30 years - buying and selling real estate over most of that period. I have lived in Boulder, Louisville and Longmont.

Having a familiarity with the paper work and the process is only half the battle, though.

Someone who has a very deep knowledge of construction can be of great assistance in helping a buyer scout homes that are genuine bargains. I was an architectural drafter before I sold homes and sold carpet, tile and lighting for homes. It helps to know about construction and repair costs. An investor would find an individual like myself particularly knowledgeable. I help people save money.

Thanks for your post, James.

SuZ
PML
of Longmont, CO
0 votes
Suz A, Agent, Longmont, CO
Mon Sep 26, 2011
***UPDATE***
Foreclosures were off 30 percent in a county not known for its REOs. There have always been foreclosures here and they did worsen in recent years, but not nearly to the extent that they have in other cities and counties.

Boulder has a slow growth policy that allows for only so many building permits to be issued every year. Neighboring Louisville has the same kind of policy. This means that the even in great times for real estate, about the same number of homes are built. If you track local news here, then you also appreciate that the county has been buying land for open space for years. Some developable land is also kept dormant.

What it means is a relative scarcity of inventory versus other communities. The jobs that attract professionals and non-professionals to Boulder, Louisville and even Broomfield are generating housing in outlying areas. Lafayette and Erie are in the immediate path. If you drive out Colorado 7 from Boulder, there is plenty of newer housing in evidence. There already are rumblings of a major development in Erie.

Longmont, which has had good job growth of its own, has a particularly active real estate market that has not seen an over abundance of short sales and foreclosures. Boulder County home prices have been fairly steady, but not strong enough to attract sellers who may need to see more appreciation before they contemplate a move. Foreclosures are not the large percentage of sales that are seen elsewhere in the state and nation.

If you need help finding foreclosures, you should contact a real estate agent who has access to all listings. There are also auction companies that have had sales here. They're not that common.

Call me, if you would like to talk about what is available.

Best to you,
SuZ
PML
of Longmont
720 810 0683
0 votes
Edite Lawren…, Agent, Longmont, CO
Tue Jun 22, 2010
The best way to get the most up to date information on foreclosures is to hire a really good Buyer's agent. It is a free professional service and it is the only way to get up to speed with property “hot cakes”. Yes, there are a lot of foreclosure websites, lists etc. Unfortunately most of them contain very outdated information. Once a hot foreclosure property hits the market, it will be gone quickly and most likely with multiple offers. If you desire to be one of the winning buyers anytime soon, call me. My clients swear by me!
0 votes
Voices Member, , Benton County, OR
Fri Apr 17, 2009
Christina, Perhaps these will interest you...Tax sales/foreclosures.... http://www.bouldercountypt.org/AllReports.aspx
Public record search tool... http://publicrecords.onlinesearches.com/Foreclosures-and-Tax…

Links to the Bank and Gov sites provided to the public providing info on the purchase/bid process and properties for sale. (REO/Foreclosure)
http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp
http://www.biggerpockets.com/bank-reo.html

Dunes
0 votes
Rob Kelly, , 80027
Tue Nov 11, 2008
Hi Cristina, if you have time this coming Saturday, November 15 9-2, please join us for the Denver Foreclosure Tour! Go to http://www.DenverForeclosureTour.com for additional details and sign up.

We'll have a R. We'll see 6-8 foreclosed homes in a "rolling classroom" type setting where you'll be able to see properties and ask and learn from our Realtor, Attorney, Home Inspector and Mortgage broker on the bus.

The cost is $20, a portion of which we'll donate to Flatirons Habitat for Humanity.

Please contact me if you need additional information or help in finding a foreclosed home in Boulder County.
http://www.RobKellyColorado.com
I hope to see you on the bus!
0 votes
Kris Hansen, Agent, Westminster, CO
Wed May 21, 2008
Hi Cristina,
Also check out the HUD website as well as the VA website.
http://www.mcbreo.com http://www.ocwen.com
That will give you some basic information, then find an agent with experience with both types of transactions.
Good luck to you!
Kris
0 votes
Kathryn Carl…, Agent, Conifer, CO
Fri Apr 25, 2008
Greetings Cristina: For a list of foreclosed properties (bank owned) in your chosen area of Boulder--
you can sign up at FindingTheHome.com. Click on the link "Bank Owned." Your list will be sent to you within 24 hours. All the best, Kathryn
0 votes
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