In Northern Colorado, while the amount of foreclosures has slowed for the time, the amount of short sale opportunities is rising, especially in newer neighborhoods less than 10 years old. We are also seeing some good opportunity in investment properties with 4+ bedrooms near the CSU campus.
As a buyer or seller, please understand that the short sale approval process requires patience. With some banks today, it can take nearly 60 days or more to get the bank to signoff. Even REO properties can take time for approval, as the offer sometimes must go thru the higher channels of the bank. Local banks sometimes can approve things more quickly.
A few of the properties we have listed in short sale position are 3402 Apiatan and 1102 Bateleur in the Hearthfire Subdivision in North Fort Collins. The homes are builder's homes, with outstanding finish in Colorado contemporary style. We have also seen great deals come thru in Ptarmigan, Clydesdale Park, Eagle Ranch, Taft Canyon, Richards Lake, Parkwood, Dellwood, Old Town, South College Heights, Harvest Park, and more. Some of the best deals will be found in those looking to purchase in the $400,00 to $1,000,000 range, where builders have oversupplied, and resale is extremely competitive and price sensitive.
Call Matt Evans at 970-215-9221 to schedule an appointment. Or checkout www.mattevansrealestate.com for more information. We'll take excellent care of you.
