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Tag Archive | "foreclosure"

California company buys 9 properties at foreclosure sale

Thursday, December 6, 2012

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A California firm scooped up nine of the 11 properties that sold to investors at the El Paso County Public Trustee’s foreclosure auction Wednesday. It’s unusual for one buyer to claim so many properties at the sale, said trustee Tom Mowle. Mowle said he’d never seen the California buyer at auctions before. It’s also unusual […]

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Investors buy 3 properties at foreclosure auction

Thursday, November 29, 2012

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Investors bought three of the 41 properties that sold in the El Paso County Public Trustee’s foreclosure sale on Wednesday, Nov. 28. The rest sold back to the lenders. AMC Properties paid $39,708.50 for a 1,492-square-foot condominium built in 1974 at 3460 #G Parkmoor Village Drive (80917). That was $50 more than lender Wells Fargo’s […]

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Investors buy 2 properties at foreclosure sale

Wednesday, November 21, 2012

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Investors bought two of the 40 properties that sold in the El Paso County Trustee’s foreclosure sale Nov. 21. The rest sold back to the lenders. David Stratton and Stanley Kline paid $113,738 for a 1,620 two-story home built in 1989 at 9108 Chieftan Drive (80925). That was $50 more than lender Wells Fargo’s initial […]

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Investors buy 8 properties at foreclosure sale

Wednesday, November 14, 2012

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Investors bought eight of the 41 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Nov. 14. The rest were sold back to the lenders. Rocky Mountain Metropolitan paid $164,546.88 for a 1,836-square-foot two story home built in 2000 at 10040 Litchfield St. (Peyton, 80831). That was just $50 more than […]

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County foreclosure sales dropping, but not as fast as state

Thursday, November 8, 2012

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Foreclosure sales at auction were down 9.9 percent in Colorado Springs during the third quarter of 2012, according to a state report. While a significant year-over-year improvement, the 9.9 percent doesn’t keep up with the state average, where foreclosure sales at auction dropped 23.6 percent year over year. An new foreclosure filings in El Paso […]

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National foreclosure inventory falls again

Wednesday, October 31, 2012

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National foreclosure figures continue to decline, according to a report from CoreLogic, a real estate analytics firm. There were 57,000 completed foreclosures nationally in September, down from 83,000 in September 2011. While the current rate is still more than double the average 21,000 completed foreclosures between 2000 and 2006 prior to the decline of the […]

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Investors buy 4 properties at foreclosure auction

Thursday, October 18, 2012

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Investors bought four of the 36 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Oct. 17. The remaining properties sold back to the lenders. Christi Lehouillier paid $73,500 for a 1,664-square-foot bi-level house built in 1971 at 206 E. Missouri Ave. (Fountain, 80817).That was more than lender Citi Financial’s initial […]

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Investors buy 4 properties at foreclosure auction

Monday, October 15, 2012

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Investors bought four of the 38 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Oct. 10. The rest were sold to the lenders. Finite House Solutions paid $77,604.40 for a 1,056-square foot ranch home built in 1954 at 3111 N. Arcadia St. (80907). That was $50 more than lender Wells […]

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Investors buy 6 properties at foreclosure sale

Thursday, August 30, 2012

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Investors bought six of the 50 properties that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Aug. 29. The rest were sold back to the lenders. Encore Real Estate paid $321,000 for a 2,679-square-foot ranch home built in 1980 at 3315 Clubview Terrace (80907). That was more than lender Wells Fargo’s […]

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Foreclosure sales fall, prices rise

Thursday, August 30, 2012

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The number of foreclosure-related sales in Colorado Springs during the second quarter of this year dropped 16.58 percent from last year. Nationally, the number fell 22 percent year-over-year, according to RealtyTrac, an online marketplace for foreclosed properties. It was the first annual decrease in foreclosure-related sales after five quarters of increases, according to a release […]

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