There have been some changes in the foreclosure inventory since last month's report. This is a segment of the market where we see properties come on and go off the market rather quickly. There are some good opportunities out there for buyers that are ready to buy now.
This information covers not only the Cedaredge area, but also the small communities of Austin, Eckert and Cory. Collectively the last three towns are known as Orchard City.
At this time we have three active listings on the market. Prices start at $81,000 and go up to $194,900. The highest priced listing has been on the market for a while and is now under auction terms. - One listing is new since last month's report.
- Two of the active listings are on Cedar Mesa. The third one is a manufactured home on just over half an acre outside of Eckert.
- Several of the listings that were active last month are now under contract and one has sold.
- Currently there are three homes pending a sale.
- Click on the picture for more local and real estate related information.
For more information on how to be prepared to take buy a foreclosure/REO/bank owned home, please contact me. The process is different, takes more time and there is more paperwork involved than there is with a traditional sale.
I have seven years experience listing and selling bank owned homes in this area. Here's what one of my buyers 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.
Call me if you would like more real estate and general information from this area. I look forward to hearing from you.
I've lived on Colorado's Western Slope for over 26 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 information comes from CREN (Colorado Real Estate Network). Not all homes are listed and sold by the broker writing this report. This report is intended to show market trends.
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