Celebrate - this is the 100th post on my blog!
February Good Deals!
Showing posts with label foreclosure. Show all posts
Showing posts with label foreclosure. Show all posts
Tuesday, February 19, 2013
February Good Deals Link - and my 100th POST!
Celebrate - this is the 100th post on my blog!
February Good Deals!
Thursday, December 6, 2012
Summit County Colorado Real Estate Deals December 2012
Good
Deals December
December good deals feature Bank Owned, REO,
Foreclosures and Short Sales along with Motivated Sellers! If you are looking
for a great deal in Summit County, start here!
There are 20 good deals this month! Far
less than just a year ago when the good deal list was at least 50
properties!
Tuesday, September 18, 2012
Good Deals September 2012 - Summit County Colorado Real Estate
September good deals feature Bank
Owned, REO, Foreclosures and Short Sales along with Motivated
Sellers! If you are looking for a great deal in Summit County,
start here!
As I mentioned above, the good deal list is
SHRINKING!!!! Act now or forever hold your peace.
RES - Client Detail Report
Monday, August 13, 2012
Good Deals - August 2012 - Summit County Colorado Real Estate Deals
I have been featuring short sales, foreclosures, bank owned, and motivated sellers for many months now. The number of properties in this search continue to dwindle as time wears on, indicating that the distressed properties in Summit are being absorbed into the inventory.
August 2012 Good Deals
August 2012 Good Deals
 |
| image from askdeb.com |
Monday, July 2, 2012
Summit County Colorado Real Estate Good Deals - July 2012
We all love good deals don't we? For this month's good deals featuring short sales, foreclosures, and motivated sellers, click here: July 2012 Good Deals - Summit County Real Estate.
Amy Nakos, JD, GRI
Your Castle Summit, LLC
anakos@yourcastle.org
970-389-8388
 |
| compliments of http://www.prosperityforlife.net/ |
Amy Nakos, JD, GRI
Your Castle Summit, LLC
anakos@yourcastle.org
970-389-8388
Thursday, April 5, 2012
Summit County Foreclosure Update for February 2012
Summit County Colorado Foreclosure Statistics - Reported April 2012 for the month February 2012.
In February 2012 there have been 60 foreclosure actions; 49 with fee simple (100%) ownership, 10 for timeshares, and one unknown. In February the Summit County Treasurer’s Office issued 11 Public Trustee’s Deeds - 8 for fee simple ownership, and 3 for timeshares.
The breakdown of the type of foreclosure actions for February 2012 is as follows. There have been 39 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 0 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 21 Public Trustee's Deeds in February 2012. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 27 single family homes, 21 multifamily units, 0 parcels of vacant land, 1 developments, 0 commercial properties, 1 unknown actions, and 10 timeshares in Summit County had foreclosure actions filed against them in February 2012. Twenty-four are in Breckenridge, (but note, that all timeshares are in Breckenridge); 5 each in Blue River, Farmer’s Corner and Frisco; and 4 each in Keystone and Silverthorne.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
In February 2012 there have been 60 foreclosure actions; 49 with fee simple (100%) ownership, 10 for timeshares, and one unknown. In February the Summit County Treasurer’s Office issued 11 Public Trustee’s Deeds - 8 for fee simple ownership, and 3 for timeshares.
The breakdown of the type of foreclosure actions for February 2012 is as follows. There have been 39 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 0 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 21 Public Trustee's Deeds in February 2012. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 27 single family homes, 21 multifamily units, 0 parcels of vacant land, 1 developments, 0 commercial properties, 1 unknown actions, and 10 timeshares in Summit County had foreclosure actions filed against them in February 2012. Twenty-four are in Breckenridge, (but note, that all timeshares are in Breckenridge); 5 each in Blue River, Farmer’s Corner and Frisco; and 4 each in Keystone and Silverthorne.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Tuesday, March 13, 2012
Summit County Real Estate DEALS for March 2012
Bargain hunters - I know you want a good deal. In Summit County real estate, here are the good deals for March 2012.
Click Here for Good Deals
Click Here for Good Deals
Summit County Colorado Foreclosure Statistics - March 2012 (reporting January 2012 numbers)
Summit County Foreclosure Update for January 2012
In January 2012 there have been 26 foreclosure actions; 18 with fee simple (100%) ownership, and 7 for timeshares. In January the Summit County Treasurer’s Office issued 10 Public Trustee’s Deeds - 5 for fee simple ownership, and 5 for timeshares.
The breakdown of the type of foreclosure actions for January 2012 is as follows. There have been 16 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 0 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 10 Public Trustee's Deeds in January 2012. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 9 single family homes, 9 multifamily units, 0 parcels of vacant land, 0 developments, 0 commercial properties, 1 unknown actions, and 7 timeshares in Summit County had foreclosure actions filed against them in January 2012. Thirteen are in Breckenridge, (but note, that all timeshares are in Breckenridge); and 2 each in Blue River, Dillon Valley, Keystone, Silverthorne and Wildernest.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
In January 2012 there have been 26 foreclosure actions; 18 with fee simple (100%) ownership, and 7 for timeshares. In January the Summit County Treasurer’s Office issued 10 Public Trustee’s Deeds - 5 for fee simple ownership, and 5 for timeshares.
The breakdown of the type of foreclosure actions for January 2012 is as follows. There have been 16 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 0 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 10 Public Trustee's Deeds in January 2012. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 9 single family homes, 9 multifamily units, 0 parcels of vacant land, 0 developments, 0 commercial properties, 1 unknown actions, and 7 timeshares in Summit County had foreclosure actions filed against them in January 2012. Thirteen are in Breckenridge, (but note, that all timeshares are in Breckenridge); and 2 each in Blue River, Dillon Valley, Keystone, Silverthorne and Wildernest.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Tuesday, February 14, 2012
Summit County Colorado Foreclosure Statistics - December 2011 and 2011 Year End
Summit County Foreclosure Update for December 2011
In December 2011 there have been 42 foreclosure actions; 27 with fee simple (100%) ownership, and 15 for timeshares. In December the Summit County Treasurer’s Office issued 18 Public Trustee’s Deeds - 9 for fee simple ownership, and 9 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 326 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 227 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 161 single family homes, 145 multifamily units, 16 parcels of vacant land, 7 developments, 7 commercial properties, 47 unknown actions, and 182 timeshares in Summit County had foreclosure actions filed against them in 2011. Two hundred and forty-six are in Breckenridge (but note, that all timeshares are in Breckenridge) – only 64 of those were fee simple actions. Forty-three are in Blue River, 42 in Silverthorne, 28 each in Keystone and Wildernest, 27 in Dillon Valley, and 26 in Frisco
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
In December 2011 there have been 42 foreclosure actions; 27 with fee simple (100%) ownership, and 15 for timeshares. In December the Summit County Treasurer’s Office issued 18 Public Trustee’s Deeds - 9 for fee simple ownership, and 9 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 326 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 227 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 161 single family homes, 145 multifamily units, 16 parcels of vacant land, 7 developments, 7 commercial properties, 47 unknown actions, and 182 timeshares in Summit County had foreclosure actions filed against them in 2011. Two hundred and forty-six are in Breckenridge (but note, that all timeshares are in Breckenridge) – only 64 of those were fee simple actions. Forty-three are in Blue River, 42 in Silverthorne, 28 each in Keystone and Wildernest, 27 in Dillon Valley, and 26 in Frisco
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. 2011 rounds out with 326 NED’s and 227 Public Trustee Deeds.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Monday, January 9, 2012
Summit County Colorado Foreclosure Statistics November 2011
Summit County Foreclosure Update for November 2011
In November 2011 there have been 56 foreclosure actions; 29 with fee simple (100%) ownership, and 21 for timeshares. In November the Summit County Treasurer’s Office issued 33 Public Trustee’s Deeds - 9 for fee simple ownership, and 20 for timeshares; the other 4 are unknown.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 302 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 209 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 152 single family homes, 130 multifamily units, 14 parcels of vacant land, 6 developments, 7 commercial properties, 47 unknown actions, and 167 timeshares in Summit County had foreclosure actions filed against them so far in 2011. Two hundred and twenty-five are in Breckenridge (but note, that all timeshares are in Breckenridge). Forty are in Blue River and Silverthorne each, 26 each in Keystone and Wildernest, and 23 in Dillon Valley.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
In November 2011 there have been 56 foreclosure actions; 29 with fee simple (100%) ownership, and 21 for timeshares. In November the Summit County Treasurer’s Office issued 33 Public Trustee’s Deeds - 9 for fee simple ownership, and 20 for timeshares; the other 4 are unknown.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 302 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 209 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 152 single family homes, 130 multifamily units, 14 parcels of vacant land, 6 developments, 7 commercial properties, 47 unknown actions, and 167 timeshares in Summit County had foreclosure actions filed against them so far in 2011. Two hundred and twenty-five are in Breckenridge (but note, that all timeshares are in Breckenridge). Forty are in Blue River and Silverthorne each, 26 each in Keystone and Wildernest, and 23 in Dillon Valley.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Friday, December 2, 2011
Good Deals Summit County Real Estate 12-1-11
Each month I provide Summit County Real Estate good deals. These listings contain short sales, foreclosures, bank owned, along with motivated sellers and sellers who are asking to "bring all offers!" If you are interested in seeing the best deals in Summit County, this is the place to start.
For more information on any of these properties, please contact me at 970-389-8388 or anakos@yourcastle.org.
For more information on any of these properties, please contact me at 970-389-8388 or anakos@yourcastle.org.
Summit County Foreclosure Update for October 2011 Reported December 2011
In October 2011 there have been 46 foreclosure actions; 36 with fee simple (100%) ownership, and 10 for timeshares. In October the Summit County Treasurer’s Office issued 16 Public Trustee’s Deeds - 7 for fee simple ownership, and 9 for timeshares; the other one is unknown.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 279 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 176 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 142 single family homes, 113 multifamily units, 14 parcels of vacant land, 6 developments, 5 commercial properties, 41 unknown actions, and 146 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and ninety-nine are in Breckenridge (but note, that all timeshares are in Breckenridge). Thirty-nine are in Blue River, 38 in Silverthorne, 24 in Wildernest, and 22 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 279 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 176 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 142 single family homes, 113 multifamily units, 14 parcels of vacant land, 6 developments, 5 commercial properties, 41 unknown actions, and 146 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and ninety-nine are in Breckenridge (but note, that all timeshares are in Breckenridge). Thirty-nine are in Blue River, 38 in Silverthorne, 24 in Wildernest, and 22 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Wednesday, November 2, 2011
Summit County Foreclosure Update for September 2011
In September 2011, there have been 36 foreclosure actions; 26 with fee simple (100%) ownership, and 9 for timeshares; the other 1 is unknown. In September the Summit County Treasurer’s Office issued 16 Public Trustee’s Deeds - 9 for fee simple ownership, and 6 for timeshares; the other one is unknown.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 249 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 160 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 125 single family homes, 94 multifamily units, 14 parcels of vacant land, 6 developments, 5 commercial properties, 41 unknown actions, and 136 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and seventy-eight are in Breckenridge (but note, that all timeshares are in Breckenridge). Thirty-five are in Blue River, 35 in Silverthorne, 23 in Wildernest, and 20 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 249 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There have been 12 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 160 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 125 single family homes, 94 multifamily units, 14 parcels of vacant land, 6 developments, 5 commercial properties, 41 unknown actions, and 136 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and seventy-eight are in Breckenridge (but note, that all timeshares are in Breckenridge). Thirty-five are in Blue River, 35 in Silverthorne, 23 in Wildernest, and 20 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Tuesday, October 4, 2011
October 2011 Summit County Real Estate Bargains!
Each month I compile a list of great real estate deals in Summit County, Colorado. I focus on short sales, bank owned, motivated sellers and sellers who ask to "bring all offers."
At the link you will find a scrollbar on the upper left hand corner to browse through.
If you have any questions, please contact me at 970-389-8388 or anakos@your castle.org.
At the link you will find a scrollbar on the upper left hand corner to browse through.
If you have any questions, please contact me at 970-389-8388 or anakos@your castle.org.
Summit County Colorado Foreclosure Statistics - October 2011
Summit County Foreclosure Update for July 2011
In July 2011, there have been 63 foreclosure actions; 25 with fee simple (100%) ownership, and 30 for timeshares; the other eight are unknown. In July the Summit County Treasurer’s Office issued 28 Public Trustee’s Deeds - 10 for fee simple ownership, and 14 for timeshares; the other four are unknown.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 193 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There has been 11 Certificate of Purchase actions which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 122 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 95 single family homes, 75 multifamily units, 12 parcels of vacant land, 5 developments, 4 commercial properties, 25 unknown actions, and 110 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and forty-six are in Breckenridge (but note, that all timeshares are in Breckenridge). Twenty-nine are in Blue River, 25 in Silverthorne, 17 in Wildernest, and 15 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
An on an unrelated note, here are some great photos of the fall colors in Summit County Colorado!
Friday, August 12, 2011
Summit County Colorado Foreclosure Statistics - August 2011
Summit County Foreclosure Update for June 2011
In June 2011, there have been 49 foreclosure actions; 30 with fee simple (100%) ownership, and 18 for timeshares. In June the Summit County Treasurer’s Office issued 12 Public Trustee’s Deeds - 9 for fee simple ownership, and 3 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 168 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There has been 1 Certificate of Purchase action which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 94 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 83 single family homes, 64 multifamily units, 11 parcels of vacant land, 5 developments, 3 commercial properties, 17 unknown actions, and 80 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and eleven are in Breckenridge (but note, that all timeshares are in Breckenridge). Twenty-four are in Blue River, 20 in Silverthorne, 15 in Wildernest, and 14 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. In the first six months of 2011, Summit County is at 168 NED’s, and if doubled, predicts 336 for 2011.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Amy Nakos, JD, GRI
In June 2011, there have been 49 foreclosure actions; 30 with fee simple (100%) ownership, and 18 for timeshares. In June the Summit County Treasurer’s Office issued 12 Public Trustee’s Deeds - 9 for fee simple ownership, and 3 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 168 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There has been 1 Certificate of Purchase action which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 94 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 83 single family homes, 64 multifamily units, 11 parcels of vacant land, 5 developments, 3 commercial properties, 17 unknown actions, and 80 timeshares in Summit County had foreclosure actions filed against them so far in 2011. One hundred and eleven are in Breckenridge (but note, that all timeshares are in Breckenridge). Twenty-four are in Blue River, 20 in Silverthorne, 15 in Wildernest, and 14 in Keystone.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. In the first six months of 2011, Summit County is at 168 NED’s, and if doubled, predicts 336 for 2011.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Amy Nakos, JD, GRI
Summit County Colorado Foreclosure Statistics - July 2011
Summit County Foreclosure Update for May 2011
In May 2011, there have been 48 foreclosure actions; 27 with fee simple (100%) ownership, and 21 for timeshares. In May the Summit County Treasurer’s Office issued 21 Public Trustee’s Deeds - 14 for fee simple ownership, and 7 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 131 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There has been 1 Certificate of Purchase action which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 82 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 72 single family homes, 55 multifamily units, 6 parcels of vacant land, 1 development, 2 commercial properties, 16 unknown actions, and 62 timeshares in Summit County had foreclosure actions filed against them so far in 2011. Eighty-six are in Breckenridge (but note, that all timeshares are in Breckenridge). Twenty-one are in Blue River, 18 in Silverthorne, and 12 in Wildernest.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. In the first five months of 2011, Summit County is at 131 NED’s.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Amy Nakos, JD, GRI
Your Castle Summit
www.yourcastle.org
anakos@yourcastle.org
In May 2011, there have been 48 foreclosure actions; 27 with fee simple (100%) ownership, and 21 for timeshares. In May the Summit County Treasurer’s Office issued 21 Public Trustee’s Deeds - 14 for fee simple ownership, and 7 for timeshares.
The breakdown of the type of foreclosure actions for 2011 is as follows. There have been 131 Notice of Election and Demands which is the first step in the foreclosure process. This starts the foreclosure timeline and is not yet a sale of the property. There has been 1 Certificate of Purchase action which is where the Public Trustee offers the property at public auction. Any purchaser must pay more than the debt itself owed to the lien holder filing the foreclosure action plus any fees. The purchaser has the duty to research whether there are any other outstanding liens on the property. There have been 82 Public Trustee's Deeds in 2011. This is the stage of the process where the holder of the Certificate of Purchase obtains ownership of the entity.
In terms of property types, 72 single family homes, 55 multifamily units, 6 parcels of vacant land, 1 development, 2 commercial properties, 16 unknown actions, and 62 timeshares in Summit County had foreclosure actions filed against them so far in 2011. Eighty-six are in Breckenridge (but note, that all timeshares are in Breckenridge). Twenty-one are in Blue River, 18 in Silverthorne, and 12 in Wildernest.
In looking back at foreclosure statistics in Summit County, 2009 had 300 NED’s, and 86 Public Trustee Deeds issued. The year 2010 had 367 NED’s and 148 Public Trustee Deeds issued. In the first five months of 2011, Summit County is at 131 NED’s.
If you have any questions about short sales, bank-owned properties, or foreclosures in Summit County, Colorado, please email me at anakos@yourcastle.org, or call me at 970-389-8388.
Amy Nakos, JD, GRI
Your Castle Summit
www.yourcastle.org
anakos@yourcastle.org
Summit County Colorado Real Estate Market Conditions July 2011 Market Update
Real Estate Statistics
May dollar volume down 12.5% from April.
Number of transactions steady.
May 2011 had a total of 84 residential improved transactions, down 3 from 87 in April 2011. Total residential dollar volume in May was $48.7 down from $55.7 million in April, a 12.5% decrease. Total number of transactions in May for all types of real estate was 107, increasing by only one from April’s 106. June 2011 residential sales from our MLS indicate 69 residential properties sold with dollar volume at $35.9 million.
The price point with the most activity in May is the $200,000-$200,000 with 16 sales. In second place is the $300,000-$400,000 with 15 sales followed by the $400,000-$500,000 price point with 13 sales. Fourteen sales over $1 million sold in May – the same as in April..
Average prices from 2006 to 2010 are below; 2011 numbers reflect year to date.
Single Family Homes:
2006 - $737,253
2007 - $798,889
2008 - $835,803
2009 - $905,030
2010 - $770,797
2011 - $780,637 ($764,853-April, $710,227-March, $705,177-February)
Multi Family:
2006 - $333,501
2007 - $406,529
2008 - $463,633
2009 - $398,051
2010 - $425,080
2011 - $409,389 ($409,960-April, $401,769-March, $429,237-February)
Vacant Land:
2006 - $311,951
2007 - $391,587
2008 - $470,260
2009 - $399,025
2010 - $336,625
2011 - $261,997 ($285,563-April, $252,583-March, $185,923-February)
As of July 4, 2011, there are 1,825 residential properties for sale, up 235 or almost 15% from last month. June also saw a 15% increase in inventory, raising available inventory for the summer selling season. The total dollar value of current inventory is $1.28 billion. As of the same date there are 417 land listings, up 27 from last month.
With respect to residential listings, average days on the market is 244; median days on the market is 125. .
Our MLS is showing 129 residential properties currently Pending, up 4 from May. Total dollar volume of pending properties per list price is $64 million.
According to Summit County assessor data there are 25,660 residential properties and 2,564 pieces of vacant land. When looking at inventory for sale, 7.1% of residential properties are for sale and 16.2% of vacant land parcels are for sale. Industry experts say that a healthy market has less than 10% inventory.
Industry experts also say that more than 6 months of inventory is a sign of a weak or “buyers” market. With 84 residential properties selling in May and inventory of 1,825, it will take 21.7 months to sell the entire residential inventory. Now, while there might be less than 10% of properties for sale, the lack of buyers can make for a long holding time.
Below are the total dollar amounts of sales in May from 2004 to 2011:
May 2004 $88.2M
May 2005 $104.8M
May 2006 $137.1M
May 2007 $158.7M
May 2008 $95.6M
May 2009 $63.7M
May 2010 $63.0M
May 2011 $56.1M
May 2011 total dollar volume was lower than recorded since 2004. Since closings happen 30-60 days after contract, this indicates that March and April had fewer buyers purchasing properties in Summit.
Total Dollar Volume for 2004-2010 is as follows:
2004 $1.12B
2005 $1.47B
2006 $1.63B
2007 $1.63B
2008 $1.06B
2009 $683M
2010 $698.4M
The year 2006 had the most dollar volume totaling $1,637,874,800.
What does all of this mean to you?
May took a dip from April and June numbers don’t look too promising, showing a slow spring season for Summit County real estate.
Looking big picture at Summit County Real Estate, Summit has experienced great appreciation over the last 20 years. Recently, average prices have declined around 16%.
Sales volume is down 63% from the height of 2006. Sales are steady, but not noticeably increasing. With months of inventory close to two years, it is still a buyer’s market and depending on which neighborhood you want, it could be the perfect time to buy.
To the Sellers out there: Depending on the type of property you own, my advice may differ slightly. In no circumstances are you in the driver’s seat of getting the price you were told it was worth in 2007, but some property types and sectors are fairing better than others.
To the Buyers out there: You have been waiting patiently for the perfect deal haven’t you? Can you still get good deals? More summer inventory is providing more choices and more competition. Within a buyer’s market, you can find the right property for you for a price that we haven’t seen in years. Note that more competition exists in the under $400,000 market.
www.yourcastle.org
anakos@yourcastle.org
Amy Nakos, JD, GRI
If you are interested in signing up for my monthly newsletter filled with market statistics and good deals, please send me an email with your name, phone number and email address.
May dollar volume down 12.5% from April.
Number of transactions steady.
May 2011 had a total of 84 residential improved transactions, down 3 from 87 in April 2011. Total residential dollar volume in May was $48.7 down from $55.7 million in April, a 12.5% decrease. Total number of transactions in May for all types of real estate was 107, increasing by only one from April’s 106. June 2011 residential sales from our MLS indicate 69 residential properties sold with dollar volume at $35.9 million.
The price point with the most activity in May is the $200,000-$200,000 with 16 sales. In second place is the $300,000-$400,000 with 15 sales followed by the $400,000-$500,000 price point with 13 sales. Fourteen sales over $1 million sold in May – the same as in April..
Average prices from 2006 to 2010 are below; 2011 numbers reflect year to date.
Single Family Homes:
2006 - $737,253
2007 - $798,889
2008 - $835,803
2009 - $905,030
2010 - $770,797
2011 - $780,637 ($764,853-April, $710,227-March, $705,177-February)
Multi Family:
2006 - $333,501
2007 - $406,529
2008 - $463,633
2009 - $398,051
2010 - $425,080
2011 - $409,389 ($409,960-April, $401,769-March, $429,237-February)
Vacant Land:
2006 - $311,951
2007 - $391,587
2008 - $470,260
2009 - $399,025
2010 - $336,625
2011 - $261,997 ($285,563-April, $252,583-March, $185,923-February)
As of July 4, 2011, there are 1,825 residential properties for sale, up 235 or almost 15% from last month. June also saw a 15% increase in inventory, raising available inventory for the summer selling season. The total dollar value of current inventory is $1.28 billion. As of the same date there are 417 land listings, up 27 from last month.
With respect to residential listings, average days on the market is 244; median days on the market is 125. .
Our MLS is showing 129 residential properties currently Pending, up 4 from May. Total dollar volume of pending properties per list price is $64 million.
According to Summit County assessor data there are 25,660 residential properties and 2,564 pieces of vacant land. When looking at inventory for sale, 7.1% of residential properties are for sale and 16.2% of vacant land parcels are for sale. Industry experts say that a healthy market has less than 10% inventory.
Industry experts also say that more than 6 months of inventory is a sign of a weak or “buyers” market. With 84 residential properties selling in May and inventory of 1,825, it will take 21.7 months to sell the entire residential inventory. Now, while there might be less than 10% of properties for sale, the lack of buyers can make for a long holding time.
Below are the total dollar amounts of sales in May from 2004 to 2011:
May 2004 $88.2M
May 2005 $104.8M
May 2006 $137.1M
May 2007 $158.7M
May 2008 $95.6M
May 2009 $63.7M
May 2010 $63.0M
May 2011 $56.1M
May 2011 total dollar volume was lower than recorded since 2004. Since closings happen 30-60 days after contract, this indicates that March and April had fewer buyers purchasing properties in Summit.
Total Dollar Volume for 2004-2010 is as follows:
2004 $1.12B
2005 $1.47B
2006 $1.63B
2007 $1.63B
2008 $1.06B
2009 $683M
2010 $698.4M
The year 2006 had the most dollar volume totaling $1,637,874,800.
What does all of this mean to you?
May took a dip from April and June numbers don’t look too promising, showing a slow spring season for Summit County real estate.
Looking big picture at Summit County Real Estate, Summit has experienced great appreciation over the last 20 years. Recently, average prices have declined around 16%.
Sales volume is down 63% from the height of 2006. Sales are steady, but not noticeably increasing. With months of inventory close to two years, it is still a buyer’s market and depending on which neighborhood you want, it could be the perfect time to buy.
To the Sellers out there: Depending on the type of property you own, my advice may differ slightly. In no circumstances are you in the driver’s seat of getting the price you were told it was worth in 2007, but some property types and sectors are fairing better than others.
To the Buyers out there: You have been waiting patiently for the perfect deal haven’t you? Can you still get good deals? More summer inventory is providing more choices and more competition. Within a buyer’s market, you can find the right property for you for a price that we haven’t seen in years. Note that more competition exists in the under $400,000 market.
www.yourcastle.org
anakos@yourcastle.org
Amy Nakos, JD, GRI
If you are interested in signing up for my monthly newsletter filled with market statistics and good deals, please send me an email with your name, phone number and email address.
Subscribe to:
Posts (Atom)