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	<title>CO Durango Resort, MLS, Real Estate and Property Listing &#187; bank owned properties</title>
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	<description>Get the Scoop on Durango Colorado Real Estate!</description>
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		<title>How to buy a foreclosed home in Durango</title>
		<link>http://blueribbondurango.com/2009/06/buy-foreclosed-home-durango/</link>
		<comments>http://blueribbondurango.com/2009/06/buy-foreclosed-home-durango/#comments</comments>
		<pubDate>Wed, 17 Jun 2009 23:05:27 +0000</pubDate>
		<dc:creator>Claudia</dc:creator>
				<category><![CDATA[Buyer Tips]]></category>
		<category><![CDATA[Durango Real Estate News/Market Pulse]]></category>
		<category><![CDATA[Foreclosure Deals / Distressed Properties]]></category>
		<category><![CDATA[Market Pulse]]></category>
		<category><![CDATA[bank owned properties]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[best deal]]></category>
		<category><![CDATA[best real estate deal in durango]]></category>
		<category><![CDATA[distressed properties]]></category>
		<category><![CDATA[durango real estate]]></category>
		<category><![CDATA[foreclosure deal]]></category>
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		<category><![CDATA[real estate solutions]]></category>

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		<description><![CDATA[durango real estate deals, great values, foreclosed homes, distressed property]]></description>
			<content:encoded><![CDATA[<p>Durango&#8217;s foreclosures are up dramatically, but in total numbers very low, expecially when compared to the Front Range or other place in Colorado. In Durango one in about 1000 homes goes to auction, in the front range one in 300.</p>
<p>La Plata County saw a total of 21 homes sold at auction in the first quarter of 2009, up from 7 last year.</p>
<p>See May 18th article in the Durango Herald here:</p>
<p><a target="_blank" href="http://www.durangoherald.com/sections/News/2009/05/18/Countys_foreclosure_rates_go_up/" >http://www.durangoherald.com/sections/News/2009/05/18/Countys_foreclosure_rates_go_up/</a></p>
<p> </p>
<p>Where are the good deals, how do I buy a foreclosed home? What are the risks involved?</p>
<p>For more information watch this short video clip from CBSnews:</p>
<p class="datestamp">10:15 AM EDT 4/3/2009</p>
<p><a target="_blank" href="http://www.cbsnews.com/video/watch/?id=4915970n" class="storyTitle" ><strong><span style="font-size: small; color: #1968b2; font-family: Times New Roman;">How To Buy Foreclosed Homes</span></strong></a> <a target="_blank" href="http://www.cbsnews.com/video/watch/?id=4915970n" ><img class="storyImg" title="View Photo" src="http://wwwimage.cbsnews.com/CBS_Production_News/8/516/es_foreclosures_0403_75x56.jpg" alt="View Photo" width="75" height="55" /></a></p>
<p class="storyDek">Vera Gibbons, a consumer expert, explains to Maggie Rodriguez there&#8217;s more than one way to invest in depressed homes.</p>
<p><a target="_blank" href="http://www.cbsnews.com/video/watch/?id=4915970n" class="readMore" ><strong><span style="color: #1968b2;">Watch video</span></strong></a></p>
<p> </p>
<p>Stay tuned for a foreclosure seminar coming up at July&#8217;s Durango real estate expo.</p>
<p>For more info on Durango Real Estate stay tuned, subscibe to this blog or email me at <a href="mailto:claudia@blueribbondurango.com">claudia@blueribbondurango.com</a>.</p>
<p> </p>
<p>Claudia Williams</p>
<p>749 3555</p>
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