334 West Park Ave, 50X150 Lot. Single family house plans all ready to go! Across from public golf course, nice neighborhood.
Call 719-239-0868, Ask for Maureen she can give you more information.... more
Hi Heather, A 2+ bedroom home on 10+ acres of land within 15 miles would start about $250k. Of course, it depends on the type of construction and home finishes. I will send you what is available that matches your criteria on Friday.
By the way, I have been a realtor for 13 years, with all kinds of advanced certificates and awards. I have been in Salida for about 11 years.
I looking forward to helping.
Remax Mountain River
719 539 8879
Charleen, great question. Land around here can go for as little as $1500 per acre to as much as $15000 per acre, depending on where it is and what it has on it. It your land is on the river, values go way up. If it has any geothermal possibilities, same thing. Year round access, great tree cover, water rights, and elevation also come into play. the purged mobile will not add much value but if you have electric, septic and a well in, that changes things. Why don't you give me a call and I can get out to the land to put a value on it for you ok?
Keller Williams Colorado Mountain Real Estate.
Okay okay, sorry for the flip answer. (Broncos were loosing ugly at the time). I do see many agents though walking a thin line on this blog by offering speculative opinions. In the interest of being constructive there are several things for a Seller to consider including the long term impacts on credit, potential for deficiency judgement and obligations to other creditors. The Seller then would be wise to obtain the answers to these from qualified experts and to identify other pitfalls and/or advantages such as a financial incentive from the lender, prior to taking this course of action.
Thanks Paula for offering more information and clarification on your situation.
As an aside, it might be a good idea for lenders to set up a property management division and put 'under water' properties into a pool for rent (no pun intended). If the current borrower can rent, give them an opportunity to lease and option to purchase at market or maybe cure the debt at a later date. Lenders could use local management companies for day to day leasing responsibilities.... more