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Foreclosure in Weld County : Real Estate Advice

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  • Local Info1
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 9
Fri Jun 23, 2017
Olivas.nava.171 asked:
Fri Jun 23, 2017
Olivas.nava.171 asked:
Fri Jun 23, 2017
Olivas.nava.171 asked:
Fri Jun 23, 2017
Olivas.nava.171 asked:
Thu Aug 22, 2013
Bev West answered:
I am not an attorney but keep in mind that if you walk away from a foreclosure situation, the bank can come back and require you to pay the difference in that is owed and what they will eventually sell it for. If you try to sell it before going to foreclosure you can stop that bleeding by having a little control on the selling price. If you would like to discuss further options such as doing a short sale, please call me at 970-631-7111 and I can review some of your alternatives. ... more
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Thu Mar 21, 2013
Bev West answered:
You might also try for listings
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Sat Apr 7, 2012
Suz A answered:
|||||||||||||||||| UPDATE April 2012 |||||||||||||||||||||||||||||||||

Hope things turned out well for you Elizabeth. I'll get to your question momentarily.

I noticed that your address is Boulder, yet you chose to ask this question of agents in the 80504 zip code, which includes a sizable area from north Longmont stretching to Highway 119 on the south and east to Firestone and Frederick. The area spans a corridor straddling Boulder County and Weld County, and is a few miles outside of the city of Boulder - about 15 miles outside.

This is an interesting area, which has had some key developments. At one time, the Lifebridge Church was seeking annexation to Longmont for a piece of land between Longmont and Firestone. A Super Walmart was built on Highway 119. Over the past decade, Firestone has been successful attracting familiar brands to the Interstate 25 area. Two builders who have navigated a deep recession with flying colors - namely DR Horton and Richmond American Homes - have been steadily building communities here.

The area appears destined for further growth, too. What that will mean for home prices is another matter. What we're seeing in the first months of 2012 is encouraging.

None of the good news can happen fast enough if you're paying on a mortgage for a home that dropped some 20 percent in value. Who knows when Phillips66 will open its doors in Louisville? With no plans on file still, it can seem very far off.

However, the market changed this year owing largely to the fact there is little inventory in Boulder County. The surge in building permits is a good sign. And, the activity of the past three months is another good sign.

When an individual seller approaches us, we talk about what is happening in the market in a neighborhood right now, not five years from now. Right now, there is a lot of activity for homes in the 200-range. Talk to a Realtor. We can give you an analysis of the market in your neighborhood based on what has sold in the past year (or two).

Best to you,
PML of Longmont
... more
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Thu Feb 10, 2011
Todd Spiller answered:
HUD property brokers are selected by regional HUD subcontractors through an application process. Asset managers for REOs are pursued by brokers independently and that is a process of relationship building similar to normal client prospecting. In our area we have few HUD listings since there was only a small number of FHA loans issued in recent years because of the greater and preferrred use of conventional and second mortgages to eliminate down payments. As a result the HUD listing brokers are small in number and cover a wide area. ... more
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Tue Apr 22, 2008
Tami Pedri answered:
There are no tax "foreclosures" in Colorado. Colorado operates on a tax lien that allows someone to pay the taxes due, receive the lien and receive the property after 3 years if the owner has not redeemed the lien. If the owner pays the taxes, you recieve from the owner a 15% penalty fee return on your money. If the owner does not pay the taxes due, you receive the property after 3 years. You can get a list of available tax liens from each counties' Treasury Department. Each county website will have information about their tax liens & process. ... more
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