Foreclosed Homes Montrose Colorado

Foreclosed Homes Montrose Colorado Contact Alan Brown 970-209-8436

Here is a list a list of Foreclosed Homes in the Montrose area that are currently listed for sale. This list is constantly changing if you would like to receive an e-mail everytime Foreclosed Homes in Montrose come up for sale contact me to be added to the list.

If you would like to see a list of all homes currently in various stages of foreclosure go to the Montrose County web site Public Trustee it requires that you have excel spreadsheet capibilities in order to view the list. The homes you see on this list are all in the process of being foreclosure. The sale date you see is the date that the lender usually gets the home legally back in their name. However on the sale date you can go to the courthouse and bid on the homes up for sale.

Usually on the day of the sale the lender gets the home back for what they are owed because the home is usually not worth more than the mortgage owed plus all the interest, penalties and attorney fees. After the lender receives the home back it can then take another 60 to 90 days before the Foreclosed Homes are listed for sale with a real estate company. The only opportunity the public has to buy a foreclosed home is either on the sale date at the courthouse or when it is listed for sale.

Here is the current list

726 S 7th $98,000

12253 64.50 Rd $119,900

220 N Stough $124,900

69495 Hwy 50 E $162,900

611 Silver Dr $174,000

877 64.18 Rd $224,900

16146 67.40 Rd $259,900

20866 Trophy Rd $280,000

3177 Silver Fox $284,900

1553 Windsor Way $425,000

Will the mortgage company/bank take less for Foreclosed Homes ? Usually they will negotiate some on the price, however every 30 days they have their Real Estate agent do a new evaluation based on the homes that have sold and the ones that have come up for sale in the last 30 days, so the price that the home is listed at is fairly close to the market value. Here is a great article from the Wall Street Journal on Foreclosures and short sales. Are distressed homes worth it?

Search For Other Homes For Sale

Contact me 970-209-8436