The Rocky Mountain State is well ahead of the median pack in low foreclosure rate status. The state only has one foreclosure for every 4,527 homes, according to RealtyTrac. That has resulted in Colorado having a home foreclosure rate that is one-third of the national average, as of March 2018. 5. Montana
Get a graphical comparison report on the cost of living, taxes, expenses, quality of life, climate, education, and other factors between any two states.
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You can find Colorado’s foreclosure laws in the Colorado Revised Statutes in 38-38-100.3 to 38-38-114. (To learn how to look up foreclosure laws, see How to Find the Foreclosure Laws in Your State.) More Information. To get details about each step in a Colorado foreclosure, see Colorado Foreclosure Laws and Procedures.
In Colorado, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. Judicial Foreclosure. The judicial process of foreclosure, which involves filing a lawsuit to obtain a court order to foreclose, is used when no power of sale is present in the mortgage or deed of trust.
Scroll down to find Colorado foreclosure listings of foreclosure homes for sale. Our Colorado homes for sale database will also include listings of bank owned homes, short sales, sheriff sales and pre-foreclosures. All our Colorado foreclosure listings are pre-screened for accuracy by our team of professionals on a daily basis.
Rate Assumptions – Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less.
Foreclosure Statistical Information. Expand the tabs below to learn about current and historical foreclosure statistics in Denver. If you are using assistive technology and are unable to access the content of files on this page, please email email@example.com.
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