Contact Information


Steve Hewson
GRI, MRE, RECS, SRS
ColoradoPro Team
Keller Williams Realty
Direct 303.439.8249
Mobile 303.883.5124
Fax 303.532.1049


 

Foreclosure Listings

 

When you want...professional Colorado REO and Foreclosure real estate services

Welcome

 

We provide professional real estate solutions to Lenders and REO Servicing Providers of REO property AND to Buyers and Investors searching to purchase Colorado REO (Real Estate Owned) and Foreclosure properties.
 
 
 
Lenders / REO Servicing Providers / Sellers
 
 
We “raised the bar” by setting a new standard for providing you REO services. 
 
Our REO Goals  designed to assist You and Your REO Department:
 
·          Achieve the Highest Recovery Rate For You
·          Decrease Your Asset Disposition Time
·          Meet The Deadlines You Require
·          Utilize Aggressive Marketing Strategies
·          Provide You Accurate Information For Decision-Making
·          Use High Level of Professional And Ethical Real Estate Standards
 
Our REO Services
 
Broker Price Opinions (BPO’s)
 
Real Estate Brokerage
 
Marketing Strategies
 
Contract Evaluation and Negotiation
 
     Transaction Coordination
 
Closing and Settlement Processing
 
Maintenance and Repair Services
 
Inspections
 
Property Status Reports
 
Occupancy Verification
 
Periodic Marketing Strategy Re-Evaluation
 
Possession Management
 
Communication with Current Technologies
 
 
Our Flexible REO Services  are designed to meet your needs by adapting to changing circumstances.  Just let us know what you need and when you need it.
 
 
To discover more information about our REO solutions click on REO Services .
 
 
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Buyers / Investors of REO and Foreclosure Properties
 
 
What is REO Property?  
 
REO (Real Estate Owned) property is real estate that has been acquired by the lender at a foreclosure sale.  The lender then utilizes our real estate brokerage services to market that property to Buyers and Investors like you.
 
Colorado REO and Foreclosure Searches
 
To assist in your search, our website provides you several NO OBLIGATION, NO HASSLE, methods.  First, you will want to review the featured properties listed on this page.  Second, you may click on the tab Search for Homes  , or third, you may click on  the tab Premier Searches   where you can request automatic emails sent to you of MLS listings that meet your search criteria as they hit the Multilist (MLS) system.  You may also check out Floreclosure Listings, ForeclosureFreeSearch, BankHomesDirect,and BuyBankHomes .  We have another premier website that provides additional real estate solutions for Buyers and Sellers at ColoradoProRealEstate.
 
Financing of REO’s and Foreclosures
 
Special preferred financing may be available from the banks and financial institutions who are selling the REO property.  Just let us know of your financing needs and questions and we will help find a financing solution with terms which work best for you.
 
Advantages to Buying REO’s and Foreclosures
 
Of course, the obvious advantage to buying Colorado REO’s and Foreclosures is you are often able to purchase real estate at a significant discount.  Often, these properties are in need of some repair or updating.  By providing your own sweat equity and utilizing contractors you may have the opportunity to significantly increase the value of the real estate.
 
How We Assist in Your Search and Purchase
 
Our primary focus is working with Colorado REO and Foreclosure real estate.  Because we also work with financial institutions in selling these properties for them, we have an advantage for you because we are focused in this market place and often see good values before others can find them.   Call us at (303) 439-8249 or EMAILus.
 
 
 
Steve's Web News
 

 
 
Colorado Foreclosure Rate Highest In Nation
 
 
Realty Trac, a provider of foreclosure information and listings, said on November 1, 2006: "Colorado posted the highest foreclosure rate in the nation for the second consecutive quarter, reporting one new foreclosure filing for every 127 households — 2.9 times the national average. After declining almost 13 percent between the first and second quarter of the year, foreclosure activity in the state was back up 24 percent from the second to the third quarter, with 14,374 properties entering some stage of foreclosure — the eighth highest foreclosure total in the nation."

The number of foreclosures in Colorado has been attributed to: First, overbuilding by homebuilders that has kept a lid on price appreciation of existing homes. When homes are not appreciating and homeowners have to sell quickly due to loss of a job or being relocated, they may have to sell at a loss if they have not had time to build sufficient equity. Second, A weak jobs picture in Colorado in the last few years has caused an inability on the part of some homeowners to make their mortgage payments. Third, the misuse of adjustable rate mortgages may be fueling a new round of foreclosures. Now that interest rates have been climbing, homeowners may not be able to keep up with the increase in mortgage payments.
posted by Steve Hewson @ Wednesday, November 20, 2006
 
 
                       

Contact Information
 

Steve Hewson, GRI, MRE, RECS, SRS
ColoradoPro Team
Keller Williams Realty Professionals, LLC
9191 Sheridan Blvd., Suite 310 - Westminster, Colorado 80031 USA
Direct: 303.439.8249
Mobile:  303.883.5124
Fax: 303.532.1049

 

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