Foreclosure activity in Colorado has slowed according to the most recent data (full story in Denver Post). This data is a bit misleading since many lenders slowed down their foreclosures last year due to various document snafus (assignments, etc…). in Colorado foreclosures take an average of 6-12 months. I would suspect that the foreclosure rate would begin accelerating again in Q2/3 of 2011.
Fairview Lending is a private Colorado Lender. They fund both residential (investment properties only) and commercial properties throughout the state of Colorado. They are able to fund loans that traditional lenders cannot including borrowers with credit issues, cash flow issues, tax issues, and various other scenarios. They are recognized within the state as a leader in private lending. They have been featured in both regional and national publications as an expert on private lending. For more information please visit www.cohardmoney.com or call 303…459..6061