text Property
Returns or sets a Variant (in the case of the FPHTMLBody and IHTMLBodyElement objects) or a String (in the case of all other objects in the Applies To list) that represents the color of text in the specified object.
expression.text
expression Required. An expression that returns one of the objects in the Applies To list.
Remarks
Color values can be specified as color names or Web-safe red-green-blue (RGB) color values. For more information on available color names and RGB color values, see the HTML Color Table.
Example
The following example sets the color of the text in the active document to blue.
ActiveDocument.body.Text = "blue"