Colorado Springs Foreclosure Listings

Foreclosure listings are a popular target for real estate investors, as they normally sell at huge discounts compared to non-distressed properties. A typical foreclosure, in fact, sells for 30 to 40 percent less than comparable properties in a traditional sale. Of course, investors should be wary, as foreclosed homes often require thousands of dollars in repairs before they can be turned. Smart investors, therefore, will always have a reputable home inspector take a look at a foreclosure, and price any repairs recommended by the inspector before acquiring the property. If the repairs amount to more than the difference between the price of the foreclosure and average prices for comparable properties not in distress, then the investor will be unable to turn the property at a profit unless home values rise significantly. If you're interested in locating foreclosure properties to purchase, we've included the latest foreclosures to hit the Colorado Springs market below. To see all active foreclosure listings in the Colorado Springs market, Click Here.

Latest Foreclosures in Colorado Springs

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.