The factors driving the numbers include a record
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. The national average is one of every 1,268 households. report shows that since April, 3,706 homes in Colorado were in state of foreclosure. The RealtyTrac Inc. There is a disaster driving the high rate of foreclosures, said Mary Wenke, public trustee of Arapahoe County. [...] If Georgia is the top state for realestate frauds, Colorado realestate steals the spot for being with the most foreclosures.
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