Steamboat Springs real estate price cut at Wildhorse First Tracks

Thursday, October 20, 2011

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Just released in the Steamboat Springs real estate market, prices are significantly reduced to close-out Phase I at First Tracks at Wildhorse. After 35 successful sales in the past two years, only 12 residences remain. Now’s the perfect time to purchase at First Tracks with great financing options and some of the best residences still available. Studios now from to $99,000 1 bedrooms reduced to $169,000 (*only one remains) 2 bedrooms now from $229,000 ($70k reduction) Contact me for more information today

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Free Furniture for Next Edgemont Sale!

Wednesday, October 5, 2011

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THE NEXT 2 BEDROOM RESIDENCE AT EDGEMONT TO GO UNDER CONTRACT, BEFORE NOVEMBER 15th, WILL COME FULLY FURNISHED! At your choice, the developer will either deliver the real estate fully furnished or give a $50,000 allowance towards a furniture package at closing. Your ski-in / ski-out Steamboat Springs residence will be prepared in time for the New Year so all you need to worry about is what your are going to do during your trip to Steamboat.

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Another Olympian in downtown Steamboat Springs under contract

Thursday, September 15, 2011

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olympian_203.jpg Unit #203 at the Olympian has recently gone under contract as buyers continue to find this location and project an excellent real estate choice for downtown Steamboat Springs living. The project offers extremely low HOA dues (which include heat) and worry free living and is only 1 unit away from the halfway point in sales. This is a prime downtown location with restaurants, shopping, hiking, biking, fishing and more only steps from your front door. Contact me for more information.

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End of Summer Close-out Sale (Now studio’s & 1 bdrm’s almost sold-out)

Friday, August 19, 2011

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Summer is fleeting, and so are the opportunities at First Tracks. After 35 successful sales in the past two years, only 12 residences remain. Now’s the perfect time to purchase at First Tracks with great financing options and some of the best residences still available. Just Released: New Close-out pricing starting from: MLS# 132314 Studio - $119 (only 3 remain) MLS# 132312 1 Bedroom - $199K (ONE left!) MLS# 132315 2 Bedroom - $299K

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Lending available for Steamboat condos but you have to play by the rules.

Saturday, August 7, 2010

A mortgage company that is in the process of bankruptcy can’t find a buyer for the condo they foreclosed on, because lenders don’t want to give Mr. buyer a loani! True story! Buyer has excellent credit, 20% down and looking to purchase real estate at 50% discount off of previous sales (should be low risk) The reason Mr. Lender can’t finance the property is because while searching for vacation property on the web, the property in question shows up from the search. Vacation property = investment property in their eyes most of the time. You may be legitimately purchasing the property for a 2nd home in Steamboat, with no intentions of renting; however, the banks are calling it an investment condo and its tough to get financed. TARP to the rescue does not apply here; but…wait! “Another important goal of TARP is to encourage banks to resume lending again at levels seen before the crisis.” http://en.wikipedia. … lief_Program#Purpose Don’t get discouraged; there maybe a solution as long as you have 25% down, investor concentration ideally isn’t over 30% or was that 10% (this changes depending on who you talk to), and you don’t have more than 4 mortgages already. Its not so easy though. The HOA (Home Owner Association) can’t be in the red, one owner can’t own more than 10% of the inventory and so on… Financing condos in Steamboat is common, but it’s best if n we do some homework before venturing out to look for deals. There are several condo complexes that should finance conventionally, because they fit the lender rules. 3 examples are Walton Creek Condos (2 bedroom plus huge loft for 3rd bedroom, views of the ski resort http://www.steamboat … on_Creek_2_bed-loft/), The Timbers (Colorado lodge with views of Catamounthttp://www.steamboat … _Timbers_2_bed-loft/) or most townhomes such as Columbine - (3 bed, 3 full baths, 2 lofts, views of the valley and Rolling Stone Golf Course, 2043 sqft now just $399,000http://www.steamboat … _3_bed_plus_2_lofts/). Call Dean Laird 877-678-0884 direct or 970-846-8284 for more ideas for financing or any additional information on condos and homes in Steamboat Springs.

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