Foreclosures continue to be steady with 1 in every 488 homes affected, which puts us 3rd in the nation, but remember Colorado reports foreclosures differently, so if you take that into consideration we are much further down on the list. Colorado reports foreclosures when filed not when the foreclosure sale takes place which is usually a minimum of 6 months from the filing date and some of those will be cured by catching up the payment or selling the property.

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