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Foreclosure Discounts Drying Up
As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading
Posted in Denver Real Estate News
Tagged Affordability, Bank Owned Homes, Chief Economist, Cincinnati, Crash, Distressed Property, Flip Side, Foreclosed Properties, Foreclosure, Foreclosures, Good Reason, Ground Zero, Information Company, Investor Attention, Private Capital, Real Estate Sales, Single Family, Stan Humphries, Thousands Of Dollars, Zillow
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More churches face foreclosure with debts that fall beyond banks’ graces
A congregation losing its house of worship, once a rare event, is now common in Colorado — part of a national trend of record foreclosures on churches. The real-estate information company CoStar Group looked at five years of distressed church … Continue reading
Posted in Denver Real Estate News
Tagged Angela Brown, Colorado Church, Costar Group, Debt Load, Denver Area, Foreclosure Rates, Graces, Home Foreclosure, House Of Worship, Information Company, Lookout Mountain Community Church, National Trend, Presbyterian Congregation, Rare Event, Real Estate Information, Realty Inc, Regularity, Rev Bill, Service Realty, Whittaker
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