Foreclosure Bank Owned Houses for Sale Cedaredge CO Real Estate Information Dec 2016

By
Real Estate Agent with Cedaredge Land Company

There aren't a lot of foreclosed homes on the market at this time. We have really seen the number of bank owned homes shrink over the last few years, and that is a good sign of market recovery. 

Since last month's real estate report on foreclosed homes, one new listing has come on the market. 

This report will cover those bank owned homes in and around the Cedaredge area of Delta County. It will include the surrounding small towns of Austin, Eckert and Cory. 

  • Foreclosure Bank Owned Houses for Sale Cedaredge CO Real Estate Information Dec 2016There are two active listings and one home pending a sale. 
  • Prices start at $80,000 and go up to $209,900. The average list price is $139,133. 
  • One active listing is out of town and one is a trailer in Cedaredge.
  • Delta, Colorado foreclosure homes for sale. 

This information comes from the local MLS. This is the property information resource for real estate professionals in this area. 

Buying a foreclosed home is a bit different than buying a traditional resale home. There is more paperwork involved and the banks have strict rules in the way they want things done. 

If you are serious about buying a foreclosed home, I can help you through the process...from finding the right home, the paperwork and negotiating involved, to closing on the home. I have many years of experience in listings bank owned homes and in helping buyers find that perfect place to call home. 

I can also arrange to have you notified when new listings come on the market. Early notification is important, because the inventory is so tight right now. Throughout Delta County we have a low number of bank owned and traditional resale homes. Buyer competition is stiff when a well priced home comes on the market. 

Contact me for more information. 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). This information is intended to show market trends. Not all properties are listed or sold by the agent writing this report. 

 

Comments (8)

Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Debbie, I thik it is a good thing being there are son few foreclosure homes available in Cedaredge.

 

I am waiting to confirm before I post about the other good news. Some folks are just flaky.. 

 

Dec 19, 2016 01:00 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Always a good thing when foreclosures are down. Hope you had a great day.

Dec 19, 2016 03:21 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Debbie.  Valuable information for those in search of foreclosed properties.

Dec 19, 2016 04:23 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Real estate investors love to find the bargains in the inventory of lender owned foreclosures.

Dec 19, 2016 04:39 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Debbie

No matter what type of property someone may be looking to buy, including bannk-owned and foreclsoure properties, you can provide all they top-notch assistance and knowledge they need.

Foreclosed properties are pretty rare in our market these days.

Jeff

Dec 19, 2016 05:14 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Debbie

It's a good sign to see the deicing in the number of foreclosure for sale for sale in Cedaredge Colorado.

Good luck and success.

Lou Ludwig

Dec 19, 2016 05:35 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Debbie, It is a good sign when the number of bank owned homes shrink or disappear altogether.  If a buyer is looking to buy a foreclosed home they are well advised to hire you to help them navigate those waters. 

Dec 19, 2016 05:36 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Debbie, it's nice to see that the number of bank owned homes is very low. With that said buyers who are seeking an REO home need your expertise in order to be successful with such tight inventory. 

Dec 19, 2016 05:40 PM

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