Special offer

Bank Owned Foreclosure Fixer Upper for Sale Delta, CO SOLD

By
Real Estate Agent with Cedaredge Land Company

Bank Owned Foreclosure Fixer Upper for Sale Delta, CO SOLD


This is a great opportunity for the investor buyer. The lower end inventory is running out, so check out this bank owned foreclosure fixer upper for sale in Delta, CO. This house has a lot of cute Victorian charm and could be restored into something really nice. 

Bank Owned Foreclosure Fixer Upper for Sale Delta, COHere's the details on the house: SOLD

Priced at $44,490 SOLD

3 bedrooms

2 3/4 baths

Family/rec room

1572 square feet

Built in 1897

Large lot at .26 of an acre

Enclosed front porch

Large outbuilding for garage and room for storage or a workshop.

 

Here's last month's real estate market report on bank owned foreclosure houses for sale in Delta.

Bank Owned Foreclosure Fixer Upper for Sale Delta, COThe number of bank owned foreclosure property in Delta County, CO is significantly less than what it was a year ago. The lower end inventory is almost gone. This is a great chance for the cash buyer that wants some sweat equity, or for the investor buyer looking for a rental property. The neighborhood is close to the downtown. 

With current market conditions the way they are, I expect we will continue to see the number of foreclosure/bank owned properties for sale in Delta County, CO continue to go down. We are seeing positive real estate trends Countywide.

When looking to buy a bank owned property use a real estate broker that knows the foreclosure market and how to work with the banks. The process is different from buying a traditional listing and there is more paperwork involved. I can help you with that. Here's what my last buyer of a foreclosure home had to say:

 

If I had had this experience of incorrect and incomplete info, ill-defined terms of offers, getting nothing signed and sent back, and total disregard for deadlines, I would have jumped through the phone and killed someone.  You are really the ONLY reason it all came together.  I have to say, you work REALLY hard for your money.

I've lived on Colorado's Western Slope for over 24 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you need any real estate information for Montrose County, or Delta County, Colorado...please give me a call.

 

 

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Debbie - That home is just begging to be renovated - it has some great visual potential. What a nice opportunity - best wishes for a great offer and a smooth transaction.

Oct 23, 2014 10:39 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what a wonderful property to market for your sellers to the local area buyers!

Oct 23, 2014 11:30 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I personally love Victorian homes Debbie. congratulations on being able to represent a piece of Americana.

Oct 23, 2014 11:57 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have an investor needing about 3 just like this one. It has lots of potential if you know what you are doing.

Oct 23, 2014 12:34 PM
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

WOW 4k for this house? That seems like a pretty good deal/steal to me

Oct 23, 2014 01:52 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Debbie. Wonderful opportunity for an investor for sure, but also an ideal opportunity for someone that wants a fixer upper and financed with a 203 k loan.

Oct 23, 2014 06:25 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Good morning Debbie, great opportunity for locals or investors to purchase a home. You should buy this one and put little money into it with a equity loan to flip. Cute home...

Oct 23, 2014 08:03 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I see a lot of potential in this home Debbie.  It's certainly priced well at under $45K.  With some imagination and TLC it could be a great investment and home!

Oct 23, 2014 10:37 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Immediately contact Real Estate Agent Debbie Laity at (970) 856-3173 for all your Delta, Colorado Realty needs.

Oct 24, 2014 12:08 AM
Roy Kelley
Retired - Gaithersburg, MD

This looks like a good property for FHA 203(k) financing that would allow the renovations to be included in the mortgage amount for owner occupant purchasers.

Oct 24, 2014 12:10 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I have to agree with you, Dick, on the potential this home has. It has finally sold and will be renovated and look great again, soon. 

Jun 19, 2015 02:10 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thank you for stopping by, Mark. 

Jun 19, 2015 02:10 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I love Victorians, too, Noah. This one has some great charm. I know the new owner will do a nice job of bringing her back to her full potential. 

Jun 19, 2015 02:11 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Oh how I agree with you, Debbie. This one is a diamond in the rough, but soon she will be getting a makeover. 

Jun 19, 2015 02:11 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's a great price, David. Thanks for stopping by. 

Jun 19, 2015 02:12 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for stopping by, Joe. 

Jun 19, 2015 02:12 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I would love to restore a home like this one, Bob. I just don't have the time. It's on my bucket list. 

Jun 19, 2015 02:13 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You are so right, John. This home has a lot of charm and potential. 

Jun 19, 2015 02:13 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You are the best, Will. Thanks for stopping by. 

Jun 19, 2015 02:13 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thank you for stopping by, Roy. 

Jun 19, 2015 02:14 PM