Jan
20
There is a disaster driving the high rate
January 20, 2010 |
There is a disaster driving the high rate of foreclosures, said Mary Wenke, public trustee of Arapahoe County. [...] The RealtyTrac Inc. The national average is one of every 1,268 households. The factors driving the numbers include a record excess of unsold homes in the market, homeowners’ huge credit card debts, pre-payment penalties, mortgage fraud, and bankruptcies. If Georgia is the top state for realestate frauds, Colorado realestate steals the spot for being with the most foreclosures. report shows that since April, 3,706 homes in Colorado were in state of foreclosure.
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Information is deemed reliable but not guaranteed.
