colorado property for sale

Foreclosure is the legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor's equitable right of redemption. Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the owner the right of redemption if the borrower repays the debt. When this equitable right exists, the lender cannot be sure that it can successfully repossess the property, thus the lender seeks to foreclose the equitable right of redemption. Other lienholders can and do use foreclosure, such as for overdue taxes, unpaid contractors' bills or overdue HOA dues or assessments.....

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Number of colorado property for sale Topics: 5

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100% Q: how do I find out about foreclosed properties for sale in Colorado?

I am interested in purchasing a home or land.

A:Go to the Courthouse in the county you are buying in, and ask for a list. You can even call or email.

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100% Q: for all those who believe the new Bin laden's video is not a fake?

I have a beach front property for sale in Colorado at a very fair price!

A:lol does it have a swimming pool?

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100% Q: Tax Lien sale Montezuma County Colorado How it works??

I wanted to attend this property auction but I have some questions. First off let's say the property address and the owner address are the same. I am going to assume the owner still lives at the site. If this is so, do I then have to go through the eviction process if i win the bidding? Secondly, let's say I win the bidding on a house for $10,000. I pay the money and the property is mine right? Are there any hidden costs such as if the people owe a mortgage, will I also assume that cost? Will any other costs be disclosed at the time of the auction? Help please! Thanks! Acer, thank you for clarifying what a tax lien sale is, however if you look at my title I am asking HOW it works. I never planned on buying something and owing a mortgage. This is why I came here and asked what it's about.

A:When you buy a tax lien you are only buying a lien. It adds you to the list of liens on the property. If the property sells you get paid back with interest. If the property owner pays their taxes current, you get paid with interest. If they don't pay their taxes you have to continue to pay them for three years before you have the opportunity to get the deed to the property. That of course costs you more - around $350. If you get the deed to the property any lien holder has the right to redeem and can pay you what is due and get the property. If no one does and the owners still live there you do have to go through the expense of evicting them. Then, you should go to court to quiet the title, this removes any additional liens, etc on the title. To actually get to this point is rare. More than half are paid back within a year. It's not as easy as they make it sound on tv!

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100% Q: I am in the process of doing a short sale, but the seller, does not respond to me, and my buyer is getting ant

the house is ready to go on the auction and we are trying to do a short sale, also the seller is out of town, so all I get is an answering machine, and the property is in Colorado. We have been working on this sale for apprx. 5 wks., now, and we need some help, as

A:I'm not sure I understand your question. Did the Seller agree to the sale? How long have you been out of contact with the Seller? Where is his/her agent? Does the title company have any contact information? Has the lender provided you with the terms of the short sale? Need a little more information. You may consider sending a certified letter to the Seller and see if you get a response. You may also consider asking the Lender to postpone the sale until you can make contact with the Seller. Being that he has nothing more to lose, it's possible that he's walked...there really isn't anything in it for him, other than not having a foreclosure show on his credit report. Sorry I can't help, but need more info.

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100% Q: how can I file a lien on a property owned by my ex business partner?

He bought and sold vehicles under my dealership, causing me to lose money. He says he will fix it, but I believe he is ready to walk away. Nothing is in writing and his house is for sale. He has alot of equity in the house, but I just want to somehow recoup my loss and make him pay like he says he will. I know he owes alot of other dealers money too. We are in Colorado.

A:GET A LAWYER TO LOOK OVER ANY PAPERWORK YOU MIGHT HAVE, IF THERE IS A WAY THEY'LL FIND IT.

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