Foreclosure Market Report Sept. 2015 Cedaredge Delta County Colorado
If you are an investor or just looking to take advantage of a good deal, then don't wait. The foreclosure inventory is going away in the Cedaredge area of Delta County. This report covers the Surface Creek Area of Delta County. That includes the towns of Cedaredge, Eckert, Austin and Cory. If you are looking to find an investment property, or the perfect place to call home...you need to act quickly.
Here's a look at the inventory as of the writing of this report:
There are two active listings.
Prices are $95,000 and $102,100.
Both are manufactured homes.
One property is under contract.
One foreclosure home has sold in the last month.
Last month's foreclosure report showed similar inventory.
When these properties come on the market, you have to be prepared. When the banks takes on the role of being the sellers of real estate, they have specific requirements and paperwork that must be filled out. All of the bank's requirements must be met, or they won't even look at your offer. If you are a cash buyer, make sure YOUR bank is prepared to get you a proof of funds letter. If you are seeking a loan, you will need to have a pre approval letter from your lender before you can even submit an offer on a foreclosure. Then find an agent that has extensive experience in working with foreclosures. I can help you with that.
I've been listing bank owned property for over 7 years, and I've worked with a long list of happy buyers that have been fortunate enough to find a good value in a bank owned home. I also love working with investor buyers.
I have an email notification program that will basically put the the local MLS at your fingertips. Please give me a call and we can talk about your specific real estate needs.
I've lived on Colorado's Western Slope for over 25 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.
**This listing information is local MLS for Delta County, CREN (Colorado Real Estate Network). Not all properties are sold or listed by the author. This information is intended to show trends in the real estate market.
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