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Homes like this sold for $153-215K.
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Bank-owned Tri-level * Needs some work (plumbing, chiefly) *Huge, beautiful backyard * Well established, close-in neighborhood
Contact ALAN HOBDEN, Cherry Creek Properties, for full information on this listing (if you are NOT already working with another real estate agent). I can also research other Hud-owned and bank-repo houses for sale, as well as regular private-seller listings. EMAIL: EXPLOREPIKESPEAK@gmail.com (preferred) or Home/office: 719-748-1395
This is a HUD-owned property with repairs needed to bring house up to FHA loan standards. These costs can be rolled into your 203-K rehab loan. Buyer must provide prequalification letter from lender (I can refer you to a good local lender if you need one). Hud will not look at bids less than list price (but usually these prices are the best around).
Initial bid period ends July 12 and is available only to homeowner/occupants (no investors).
HUD may pay up to 3% of purchase price toward buyer closing costs.
If you are NOT working with ANOTHER AGENT, I will be happy to research this home for you. Contact me for HUD bidding rules, bid deadline, and Property Condition Report.
I represent you, the buyer, not the seller. A buyer's agent looks out for the fiduciary interests of his clients; WHY would you want a seller's agent to make an offer for you on HIS client's listing? We are now in a pretty strong seller's market.
Licensed and active in Pikes Peak region real estate since 1999. I will research this home for you, if you will commit to work with me (at no cost to you). This research will be at considerable investment of time on my part so I would appreciate buyers who will work with me conscientiously.
- Lot: 0.35 acres
- Single Family
- Built in 1972
- All time views: 1,779
- Heating: Forced air
- Last sold: Aug 2009 for $178,000
- Cable Ready
- Ceiling Fan
- Fenced Yard
- Finished basement, 539 sqft
- Parking: Garage - Attached, 490 sqft
- Family room
- Exterior material: Other
- Roof type: Shake Shingle
- Room count: 6
- Stories: 3
- Unit count: 1
- Floor size: 1,666 sqft
- Heating: Gas
- Parcel #: 6412105025
- Zillow Home ID: 13612963
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Neighborhood: East Colorado Springs
Foreclosures will be a factor impacting home values in the next several years. In the East Colorado Springs market, the number of foreclosures waiting to be sold decreased 30% in the last year. The number of unsold foreclosures is 11.8% less than in Colorado Springs, and 50.5% less than the national average. This lower local number could help East Colorado Springs home values rise more quickly than other regions in Colorado Springs.
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