Fort Collins Foreclosed Homes and Houses for Sale

Attractive Options in Hospitable City

Prospective homebuyers in Fort Collins can choose from 474 foreclosed homes and houses for sale through the real estate listings auctions in the coming days. These houses have a median asking price of a modest $182,000. However, there are as many as 2,485 other FSBO homes also earmarked for auction shortly, sporting a median listed price of $259,900. It becomes obvious that the seized homes are being sold at discounts of over 35 percent over the other properties that are determined by the usual market prices. The huge crowds at the foreclosure auctions are, therefore, quite inevitable as buyers perceive in them a once-in-a-lifetime chance to acquire splendid residences at throwaway prices.

Fort Collins is the county seat and the most populated city of Larimer County, in the US state of Colorado. It is located on the bank of the river Cache La Poudre. The city lies over 90 km north of Denver, the state capital. Fort Collins is the prime core city of the Fort Collins-Loveland MSA {metropolitan statistical area}. Fort Collins has grown into a popular educational hub, home as it is to the world-renowned Colorado State University. Fort Collins had as recently as in 2006 been named the Best US City to Live in by the Money magazine.

Larimer County is the seventh most populated county out of the 64 counties that exist in the state of Colorado. Larimer County is adjoined by the Albany County and Laramie County belonging to the state of Wyoming and the Colorado-based counties of Jackson County, Weld County, Grand County and Boulder County. The suburban cities and towns of Fort Collins include Windsor, Berthoud, Wellington, Estes Park and Timnath. Besides, the several unincorporated communities in the vicinity of Fort Collins include Rustic, Bellvue, Teds Place, Buckeye, Waverly, Campion, Virginia Dale, Cherokee Park, Red Feather Lakes, Drake, Poudre Park, Glendevey, Pingree Park, Glen Haven, Pinewood Springs, LaPorte, Masonville, Livermore and Kinikinik.

Employ Competent Agent for Profit

The results of the Fort Collins property auctions are influenced in no mean degree by the likes of LydiaBliven, Julie Ogorman, Kay Osentowski and James Lindell. As important property brokers active in the city, they perform the dynamic function of apprising buyers about the salient features of the sundry homes, colonies and finance schemes that they may choose from. The real estate agents cause actual property transactions to take place by getting the buyers and sellers to the negotiating table. The agent is compensated by the seller as a commission on the total sale proceeds. As a buyer, you don’t need to pay the agent a penny. You ought not to consider investing in such a major asset as a home unless you have consulted a veteran agent about the pros and cons of your decision.

Investors at the Fort Collins property auctions cannot remain indifferent to the sweeping economic developments that are characterizing the US and global economies in these recessionary times. The general market scenario is marked by falling home prices, declining interest rates, and lean credit supply. Hence, you ought to hire an expert agent who can advise you on the right financial decisions to make. You cannot afford taking rash, off-the-cuff decisions that you might considerably rue later on.

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