Total listings in Colorado: 43,179 - Last update: September 3, 2010 3:00 AM EST


Foreclosures for Sale in Fremont County


For anyone who owns a house, and brings up their family within it, there is no worse thought than the possibility of losing that property but that is exactly what has been happening for many householders in Fremont County. The legacy of the sub-prime mortgage disaster has taken 12 long months to catch up with them and now that, for many, unemployment is a real prospect, losing one’s home was no longer something that only happened to other people.

There are mixed feelings when repossession looms large; depressions, anxiety, shame, anger and regret, but for many who have always provided for their family, the overriding feeling is of despair. In these increasingly tight economic times, those who have been made homeless cannot afford to simply buy another house, they have no credit rating and if they have been made unemployed they may not even have enough money to rent.

One couple from Fremont recently fought a hard battle to keep their family home, but eventually lost. With no income after a recent out of redundancies, they were forced to move in with the in-laws. Desperation was the sensation, and dread at an arrangement that would send fear into the hearts of many.

However, every cloud has a silver lining and rather than wallow in the depression self-perceived shame of the their recent family drama, this one Fremont family joined hands at the Thanksgiving table and realised just how lucky they are, in the global scheme of things. They have become a stronger family unit as a result, knowing the meaning of family and knowing that they could rely on those who care the most about them.

It is all too easy to quote negative equity figures, foreclosure statistics, house price percentage decreases and the like, but at the end of it all there is the human cost, the human impact of this recession. Yes, the banks and corporate bankers are being hit hard, but that the end of the day, everyone is human and it is the human cost that is being felt by neighbourhoods around the nation.

As Christmas approaches, we should all take time out to review our own situations, think about others who may not be as well off as us, and perhaps even extend a helpful hand towards those that need it, and maybe would least expect it.

Colorado, it seems has been having a good last few months, with unemployment falling and there being the first drop in the number of foreclosure filings since this time last year and whilst many are cautious about this being the light at the end of the tunnel, there is plenty of hope in Fremont.

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