Forclosure real estate-- distressed properties, REO's, & short sales-- in the Durango, Bayfield, Mancos, Ignacio Southwest Colorado area Durango Colorado real estate - real estate in Durango Colorado -
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Durango Real Property

Distressed Durango Properties

Durango Foreclosure Search

Don Ricedorff has extensive experience and knowledge about the many complex issues involved with working with foreclosed Durango properties. Don, a Certified Distressed Properties Expert (CDPE) is familiar with the issues involved with short sales, foreclosures and REO's (bank owned properties) – as well as the requirements of the Colorado Foreclosure Protection Act.

Buying or selling a distressed property in the Durango, Colorado area is a complex process, that can be emotionally stressful for sellers experiencing financial hardship – as well as confusing for buyers looking for good investments. Don Ricedorff has the expertise to make this process as smooth as possible. Short sales, foreclosures, and bank owned REO properties – are all distressed property types. A short sale is when the lender agrees to take less than what is owed. A foreclosure is when the lender files a legal action to take back the property that is security for the indebtedness. A Bank owned property (or real estate owed – REO) is when the lender is the owner of the property. Call Don Ricedorff today for more information.

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