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Travis T.
  • Colorado Springs, CO
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Reading the information from a foreclosure list (noob)

Travis T.
  • Colorado Springs, CO
Posted

I just downloaded the El Paso County Pre Sale Foreclosure List Sale Date: July 11, 2012 off of the elpasopublictrustee.com website and I am trying to decipher the information contained therein.

Here is what I think I'm reading:

The Lender's bid amount ($137,040.00) is the minimum opening bid amount.
The Deficiency ($29,036.52) is the difference between the minimum opening bid and the total amount owed on the home.
The Total Indebtedness ($166,076.52) is the total amount owed on the property.

Am I reading this correctly? Thanks for your help.

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