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Search All Foreclosures in the Glenwood Springs MLS

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Foreclosures

 

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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

8019 WOODY CREEK Road, Woody Creek image
8019 WOODY CREEK Road, Woody Creek $1,475,000 ▼

This home has so much potential. Fixer.. Sitting on 2 acres of forestry. 3 levels, with an additional living space upstairs. Luxury custom doors through out. two other...

  • 4 Beds
  • 4 Baths
  • 176268 MLS
Tract 3 Wallace Creek Road, Parachute image
Tract 3 Wallace Creek Road, Parachute $246,000

40.5+/- acre parcel located just north of Wallace Creek Road with exceptional mountain and valley views. This parcel has been surveyed and currently has seasonal access, ...

  • 176065 MLS
Tract 4 Wallace Creek Road, Parachute image
Tract 4 Wallace Creek Road, Parachute $246,000

40.37+/- acre parcel located just north of Wallace Creek Road with exceptional mountain and valley views. This parcel has been surveyed and currently has seasonal access,...

  • 176066 MLS
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The Best Way Home Real Estate

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

www.facebook.com/TheBestWayHomeRE

(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 

Cell: (970) 456-6850

Fax: (888) 478-0471

Email: CVashus@TheBestWayHome.com

  

 

 

 

 

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