Tag Archives: REO

Designing and Building your Colorado Dream Home

  Designing and Building your Colorado Dream Home. Things to consider before designing and building your custom Colorado Home.       1) Location! How far in or out of town? Schools are sometimes a consideration. What about shopping or doctors? If this is going to be a gathering place for friends make sure to keep there needs in mind as well. 2) Utilities? This is a big deal especially for Colorado residence. Water, Cell Phone Service even paved roads aren’t always available. These are a real and major considerations. 3) Design – Build something that fits the environment.Use the … Click For More

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What’s Your Dirt Worth?

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Delilah Peak Canon City Colorado

One of the best kept secrets in Canon City CO. Delilah Peak is off of highway 9 and CR2. Each parcel is approx 35 acres. A gated community with a strong POA. The views of the mountains from the mountain are beautiful! Many of the lots either neighbor or can see BLM. Dena Stevens Putting the ‘real’ into REALTOR since 2004  

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Bank Owned Houses, is Cash King or Not?

Southern Colorado, Pueblo and Canon City have their share of bank owned properties. But it’s a competitive market and sellers are pulling out all the stops to get the buyers attention and stay competitive. Ultimately any seller will receive cash, depending on the circumstances. But cash is King and time is leverage. Cash offers can sometimes close more quickly than a financed offer.   Does a cash offer get a better deal on Bank Owned Property? 2010 Year End Stats: *Pueblo MLS: 182 Cash closes          List price vs Sold price   Avg 90.99%- 92.91%        highest 134.74% 270 Financed Closes List price … Click For More

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Bank Owned Houses Sold in 2010

Bank owned houses around Southern Colorado in the Pueblo and Canon City  areas are always of interest to buyers. But buyers are under the impression that the banks are giving away the houses.  Buyers bring lowball offers and end up loosing what could have been a great deal to begin with. 2010  Year End Stats: Pueblo MLS*: There were 469 bank owned (REO) houses sold In the Pueblo area. They sold for 95.46% – 97.07% of asking price. Compare that will all houses sold minus REO’s: 1743 houses sold for 94.86% – 96.88% of asking price. If you compare the … Click For More

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