Real estate foreclosures are on the rise in Durango, just like the rest of the country. See Saturday’s Durango Herald Article, click here. There were 297 foreclosure actions in La Plata Country for 2009 and 45 through February. However, most foreclosed homes do not end up selling at auction. This can be a frustrating fact [...]

As you might have guessed, foreclosures and bankowned homes are on the rise in Durango, see today’s Durango Herald article.
This is a sad development for the families and homeowners. If you know anyone in this predicament, please tell them there is a free legal service that can help avoid foreclosures in Colorado. 4 our of [...]

  Buying a property at Foreclosure Auction
  A. Find a property you like
1)Look through Durango Herald public notices, published every Thursday. www.durangoherald.com 
2)Websites – like foreclosure.com and foreclosures.com, trulia.com, often not up to date or accurate, some have pictures
3)Best – check Durango Public Trustee’s website: http://ptforeclosures.laplata.co.us/index
  B.Research, Research, Research
1)Buying a foreclosure is risky business, doing proper [...]

I recently held a little seminar on “How to buy a foreclosure property in Durango” at our local Durango Real Estate Investor’s chapter, called IRIN Durango. We meet once a month on Thursday evenings to trade information and listen to a speaker. For more informationon this group click here.
I will share with you my brief [...]

International Really Investors Network forming a chapter in Durango. Talk about buying foreclosure properties and investment opportunities in Durango real estate scheduled for tomorrow evening.
The vision of the International Realty Investors Network is to provide information, contacts, education and an effective advertising forum to support Real Estate Investors, Real Estate Professionals and others interested in [...]

“How much can I afford?
# 1.
Contact a local lender. With the daily changes in the mortgage world, you need up to the minute information.  It’s important to know what you can reasonably afford, what kind of interest rate you get and any extra expenses you should expect. 
* Shop around, and let the other lenders know you are in the market [...]

(Sneak Preview) Looking for privacy, luxury and views only 5 minutes from Durango? Located at 566 Terlun Drive (out Hwy 160 W just past Lightner Creek turn off) this beautiful log style home sits on 35 private acres over looking wooded hills and the tips of the La Plata Mountains in the distance. Did I [...]

Fear of overpaying for property is common these days, not just in rural mountain communities like Durango but for real estate in Colorado and nation wide. If you are like every other potential buyer out there right now you are likely frozen because you are concerned that you will pay too much and the market might [...]

So, you are looking for the best deal in Durango Real Estate? You’ll want to know about these…
Two Dogs Subdivision, possibly Durango’s most upscale and beautiful mountain subdivision, only 5 minutes from Durango Ski Resort, a gated subdivision with gorgeous mountain views and lots of 5-15 acres, surrounded by National Forest and serene beauty. We [...]

BEFORE YOU BUY A FORECLOSURE, get answers to these important questions
Before you make an offer to buy a property in foreclosure, consider your answers to these 4 questions.
1. What’s the first thing a buyer should do?
As a popular movie once said, “Show me the money!” Do you [...]