View Fort Collins Foreclosures – If you’re looking for an REO, Bank Owned Home, HUD Home, or home that has been repossessed from the homeowner you can find them here. Foreclosures in Fort Collins are few and far between due to our strong local market, but we do have a few. These homes are likely in need of some sort of repair, but you may be able to find a great deal. Be sure to check back often and bookmark this page to get Fort Collins Foreclosure listings daily! Read More
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Fort Collins Foreclosures
Foreclosures In Fort Collins, CO
Foreclosures or REO’s as they are technically termed are on the decline in Fort Collins. As a whole the Fort Collins real estate market was not hit too badly in the whole real estate debacle, that’s not to say we don’t have any foreclosures, we do, but they are few and get jumped on right away by investors and savvy buyers alike. Because Fort Collins is a college town investors are always looking for a great deal and a way to leverage their money further and REO’s are a way to do this.
These homes are generally are sold “as-is” so they are not for those looking for a roof to be fixed by the seller. You can not ask the seller to fix a leaky faucet, they will not do it. It’s not to say you can’t do a home inspection you are more than welcome to but any items that may come up from the inspection will not be fixed by the seller, so just be prepared for this before writing a purchase offer.
The seller or bank will not be doing any repairs. Sometimes these homes can be great deals and sometimes people get in there and didn’t realize how much money it is going to cost to fix them to your liking. They are a good way to get into the Fort Collins real estate market but please realize they do require work and sometimes a lot of work, so be prepared for that.
Fort Collins REO’s For Sale
Currently there are 22 REO homes for sale. The least expensive Foreclosure is $85,000 for a 1 bedroom 1 bath with 384 square feet to $1,190,000 for a gorgeous 9700 square foot home on 25 acres. If you are interested in looking into some of these opportunities let me know and I can show you around the REO/Foreclosure Fort Collins market.