How to Wholesale Real Estate in Colorado Springs, CO
Colorado Springs gives wholesalers lower prices than metro Denver and a renter base tied to five military installations. El Paso County keeps foreclosures, recordings and the tax lien sale in separate offices, and each one publishes material you can mine for motivated owners.
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The short answer
Is wholesaling legal in Colorado Springs?
Colorado Springs follows Colorado law. Legal without a license when you assign your own contract as a principal.
Read the Colorado wholesaling guide for the full rules.
Colorado Springs at a glance
| Primary county | El Paso County |
|---|---|
| Typical home value | About $442,000 (Zillow Home Value Index, Jan 2026) |
| Housing stock | 1970s–80s bi-levels, tri-levels and ranches across the east and southeast, with early-1900s cottages and bungalows on the Westside and near downtown |
| Where to search deeds | El Paso County Clerk and Recorder (online recorded document search) |
| Probate court | El Paso County District Court, Probate Division (4th Judicial District), 270 S. Tejon Street |
| Who handles closings | Title companies, which run escrow and recording |
The market
Why investors wholesale in Colorado Springs
Fort Carson, Peterson, Schriever and the Air Force Academy keep rental demand steady, and service members who receive orders often need to sell on a deadline. The bulk of the city was built from the 1970s on, so many houses need roofs, furnaces and dated interiors rather than full gut jobs, which suits flippers and landlords alike. Prices sit below Denver’s, so local and out-of-state landlords can still make rent numbers work.
Southeast Colorado Springs
1960s–70s ranches and bi-levels near Academy Boulevard at some of the lowest prices in the city; landlords buy for rent-to-price ratio.
Security-Widefield and Fountain
Unincorporated and small-city subdivisions south of the city near Fort Carson, mixing 1960s ranches with 2000s tract homes that rent easily to military families.
Westside and Old Colorado City
Early-1900s cottages and bungalows on narrow lots; rehabbers buy dated houses here and resell at a premium for character.
Knob Hill and Palmer Park area
Postwar ranches and small brick homes east of downtown, bought for cosmetic flips and long-term rentals.
Stratmoor and the Highway 115 corridor
Older modest houses and manufactured homes near the Fort Carson gates, where buy-and-hold investors look for cash flow.
Deal flow
Finding motivated sellers in Colorado Springs
- Foreclosure filings. The El Paso County Public Trustee processes deed-of-trust foreclosures for the county and holds sales on Wednesday mornings. Owners with a recorded notice have a few months before the sale, which is the window for a respectful cash offer that follows the Foreclosure Protection Act.
- Delinquent tax list. The El Paso County Treasurer publishes its delinquent tax list in The Gazette over three weeks each September ahead of the annual tax lien sale. The printed list is not updated as owners pay, so confirm the balance before you mail.
- Probate estates. The Probate Division of El Paso County District Court holds estate walk-up hours on Wednesday afternoons. Estate cases list the personal representative, who is often an out-of-state relative with no interest in keeping the house.
- Military moves. Owners who bought near Fort Carson or Peterson and then received orders may be carrying a vacant house. Absentee-owner lists filtered for recent purchases near the bases turn up these sellers.
Your exit
Finding cash buyers in Colorado Springs
Use the El Paso County Clerk and Recorder’s search to find deeds into LLCs over the past year, then check those owners on the El Paso County Assessor’s site to see how many doors they hold. The buyer pool here leans toward landlords who rent to military households, plus flippers who update 1980s bi-levels for retail buyers. Ask landlords about maximum price per bedroom and whether they buy in Fountain and Security-Widefield as well as city limits.
Colorado Springs tip
Budget for hail and roof age
Colorado Springs gets frequent hail, and many insurers now write roof coverage on an actual-cash-value basis for older roofs. Buyers will ask for roof age and any open insurance claims, so gather that before you set your assignment fee.
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FAQ
Wholesaling in Colorado Springs: common questions
Is wholesaling legal in Colorado Springs?
Yes. The city adds no wholesaling rule on top of state law, and Colorado allows a principal buyer to assign a purchase contract. Marketing a house you do not have under contract crosses into brokerage. Foreclosure sellers get extra protections under state law; see the Colorado wholesaling guide.
Do I need to live in Colorado Springs to wholesale there?
No. El Paso County’s recordings, foreclosure files and tax records are searchable online, and title companies can close remotely. Many buyers here are out-of-state landlords themselves, so a remote wholesaler with good photos and repair notes can compete.
How much do houses cost in Colorado Springs?
Zillow’s index put the typical Colorado Springs home at about $442,000 in January 2026. Houses in the southeast and near the bases usually trade below that, while the Westside and north end run higher.
When is the El Paso County tax lien sale?
The Treasurer holds it once a year after publishing the delinquent list in The Gazette in September. The sale transfers a lien, not the house, so owners on the list can still sell before or after it.
More markets
Other city guides near Colorado Springs
Compare other markets nearby, or read the full Colorado wholesaling guide.
Wholesaling guides for Colorado Springs investors
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