Friday, May 22, 2009

Durango Real Estate Short Sale



This five bedroom home located in the Rafter J. Subdivision (less than 10 minutes from town) appraised for over $700,000 not quite two years ago. An extensive addition was put on the home last year with an architect designed master suite, office and more being added. Sitting on over 3 acres of land, there is plenty of room to play; plus the new Lake Nighthorse...currently being filled...will be less than five minutes away. With five bedrooms, there is plenty of room for visiting friends or a large family. There is even a pad with RV hookup as well. Since this is a short sale, the sellers are anxious to receive any offer so that we can get the negotiations started with the bank. Asking price is $495,000.

2 comments:

commercial real estate said...

i like the house design and it's vicinity..

CoachingByPeter said...

Buyers must do thorough research on some info about short sale for lenders may not disclose all necessary details. There maybe some delay on the approval process due to the condition of the documents.