FORECLOSURES & SHORT SALES in Colorado Springs, CO
Available Colorado Springs Foreclosed Homes for Sale
| All Listings | $200,000- $300,000 | $300,000- $400,000 |
| $500,000- $600,000 | $600,000- $700,000 | Over $1,000,000 |
Colorado Springs foreclosed homes for sale can be excellent deals for home buyers and investors. If you're willing to do some work, you can gain thousands of dollars in instant equity by buying a foreclosed, REO, bank-owned, Fannie Mae/Freddie Mac investment property. Not all foreclosures are good deals though. Before buying a foreclosure, we run the neighborhood comparables to determine the average price per square foot of recent homes sold in the area. This allows us to estimate the resale value of the foreclosed properties to determine the true value of the deal.
In some instances, the foreclosures are priced the same as recent owner occupant homes sold and they are not actually good values at all. If you are interested in buying a Colorado Springs foreclosure, let us know and we can run a custom search through our proprietary database to find homes based on the profit spreads, resale value, and estimated days on the market. We specialize in finding good deals and we flip homes and invest in real estate ourselves.
If you need a local Colorado Springs real estate agent to help you navigate the area, feel free to send us a message below. We'd love to hear from you!
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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
