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    Search All Foreclosures in the Glenwood Springs MLS

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    Due to the unique challenges of purchasing a bank-owned property, it is a good idea to work with a Buyer’s Agent who has experience working with this type of sale.  Since the listing agent is a “Seller’s Agent” for the bank, it is best to have your own agent to represent and protect your interests.

    As buyers, foreclosures certainly have the promise of getting a home at a great price and this can certainly happen.  Nonetheless, extra caution is required in purchasing a bank owned property.

    Here are some of the challenges.

    • Often, but not always, the property will be in pretty rough condition.
    • The bank is generally, but not always, unwilling to pay for any repairs or inspection items.
    • The addenda that the bank add to any contract greatly favor the bank at the expense of the buyer.
    • No “Seller’s Property Disclosure” is provided, making it harder to ascertain the overall condition of the property. Recently, I have seen one foreclosure that turned out to have structural problems and another that had a septic system that needs to be replaced. It would have been easy to purchase either of these properties without ever knowing this.

    If you are interested in purchasing a foreclosure, please call me or email and tell me more about your goals.

    Latest Foreclosure Listings

    100 Elk Run Unit ##228, Basalt image
    100 Elk Run Unit ##228, Basalt $130,000

    Excellent corner office space located on the second floor of the River View Plaza building. Outfitted with two work desk areas and a large executive office. Storage/file ...

    • 167888 MLS
    28485 Highway 6 & 24 Unit #Lot 1, Rifle image
    28485 Highway 6 & 24 Unit #Lot 1, Rifle $1,750,000 ▼

    There are 7 buildings located on lot 1. Great commercial property with Highway access and close to Rifle and Silt. Zoned Commercial General Per Garfield County. Lots of p...

    • 161320 MLS
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    The Best Way Home Real Estate

    401 23rd St. #102  Glenwood Springs, CO 81601

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    (970) 456-1860

     

    Julian Hardaker CRS, ABR

    Owner and Managing Broker

    Cell: (970) 309-5169

    Fax: (303) 997-2435

    Julian@TheBestWayHome.com

    Skype: Julian.hardaker

     

    Courtnee Vashus

    Broker Associate 

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    Fax: (888) 478-0471

    Email: CVashus@TheBestWayHome.com

      

     

     

     

     

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