Colorado is a non-judicial foreclosure state and the El Paso County Public Trustee plays a vital role in the foreclosure process for properties in default that are located in Colorado Springs. In Colorado, the lender can begin foreclosure proceedings once a homeowner defaults on their mortgage. It can take approximately 120 days after the Notice […]
HUD-owned properties can be a good deal but buyers need to be aware of a few differences if they plan on purchasing a HUD Home in Colorado Springs. 1. Online Auction – All offers are submitted online and investors cannot place a bid on a HUD property until it has been on the market for […]
Buyers interested in purchasing a home in Colorado Springs may not be aware of the abandoned mines located in various areas of the city. This topic intrigued me so I completed research to find out more information about the abandoned mines and subsidence issues in Colorado Springs. Coal mining took place in Colorado Springs from […]
Home sales decreased by 8.5% in El Paso County for the month of July when compared to June and sales were 11.9% higher when compared to July 2010. There were 85 additional single family home sales in July 2011 when compared to July 2010. There were also 1,241 additional single family homes for sale in […]
Home inventory increased by 9.2% for the month of July when compared to six months ago (February). Compared to the previous month of June, there was a slight increase in single family homes for sale. In July 2010, single family Inventory in the Pikes Peak MLS was higher and there were 713 single family home […]