As a real estate broker that spends his time helping people either buy or sell homes, this word, foreclosure has a lot of emotion attached to it.
For many it makes their eyes twinkle. It marks a market that has been a long time coming in Pagosa Springs Colorado. One that gives sharp investors, with a little pocket change, an opportunity to shop for deals like a kid in candy store. For other sellers and distressed home owners it is, well…the “F” word.
However, for a broker who loves connecting buyers and sellers (that’s me), it earmarks a market that is at least fluid enough to produce some sales, and therefore I may get to eat another day.
I am going to answer the question that I get several times a week. “Chris, do you see any great deals out there in the distressed property market”… with a resounding yes!
Click here to do a little net shopping of the current bank owned or REO homes in the Pagosa Springs real estate market as of this March 17.
PS- Happy St. Patrick’s Day!