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Distressed Properties in Estes Park

Perfect-Mountain-Cabin-in-Estes-Park

Are you looking for Foreclosed properties, Bank owned, REO, Short Sales, Pre-foreclosure and Fixer-uppers in Estes Park, Colorado? See below the sign up form for a description of each of these types of properties.

Sign up to receive updates containing all the distressed property listings currently available in Estes Park. You’ll receive an updated list twice per month with additional commentary from me.

Distressed Property Request Form

Fill out the form to request the most recent list and to receive future updates twice per month.
Expect your first email within 24 hours!

Pre-Foreclosure

Properties that are in this classification have been served notice of foreclosure to be foreclosed on a certain date. Properties that are in pre-foreclosure are not necessarily for sale. There is a several month window to “cure” the loan by refinancing, becoming current on their payments, or by some other method. In Estes Park, homes and condos that show up as a pre-foreclosure with the county have a low probability of being for sale to the public. The distressed list will provide a list of homes that are available.

Short Sale

A short sale occurs when more money is loaned against the property than a buyer is willing to pay. Property owners may or may not be in pre-foreclosure when offering their property for sale as a short sale. Estes Park has very few homes that are being offered as short sales because of our stable property values. Short sales happen when someone buys a property and then is forced to re-sell it quickly. Refinancing a property for more than a property is worth can also cause a short sale if that property needs to be sold.

Foreclosures, Bank Owned Home, and REO Properties

Foreclosures, Bank Owned Home, and REO (Real Estate Owned) Properties are synonymous terms for a property that has passed through the extensive foreclosure process and is now owned by the bank. Banks are not in the business of owning property and prefer to get these properties off their balance sheets. Therefore, these properties are offered at extremely attractive prices to sell them quickly.

Fixer Uppers

It is possible to have a property that is run down or in need of repairs without being in any of the above categories. Since there is less urgency to sell these types of properties, they sit on the market longer than normal. However, these properties have fewer hoops and hurdles to jump through in the process of a sale.

{ 16 comments… read them below or add one }

Raul R Rubio April 4, 2011 at 3:51 pm

Looking to buy

Bonnie May 27, 2012 at 5:48 pm

Looking for a property in Estes Park. Can be a fixerupper. Will be retiring there. Prefer for sale by owner if possible. under 200,000. No too remote

Sam May 28, 2012 at 9:53 am

Check your email, Bonnie! I sent you a few properties I think you’ll have interest in.

Charles Nelson November 15, 2012 at 8:53 am

Would be interested in a fixer-upper….foreclosurer…or mountain vacant land 5 to 20 acres bordered by forest or BLM with utilities. Would be interested in the mountain property with the trailer on it…but, would not want the rv…price would then reflect the removal of trailer.
thanx

LEONA DREFFS March 9, 2013 at 3:10 pm

looking for fixer upper.. cabin i seen on hwy 7 just passed aspen lodge,,Please contact me.

Juanita Iwakiri July 19, 2013 at 12:55 am

I am just wondering what the price range is on fixer-upper.low to higher.?Just curious.

Juanita Iwakiri July 19, 2013 at 12:57 am

curious about price range of fixer upper.

Sam July 19, 2013 at 11:48 pm

Thanks for commenting, Juanita! The price range of fixer upper properties that come through this list may be anywhere from under $100,000 to over $1 million. If you are interested, simply fill out the form or send me an email. Thanks for liking my facebook page as well!

Patti Johnson October 1, 2013 at 7:54 am

Hi Sam my husband and I are looking for a 2 to 3 bedroom cabin around 100 to 125 thou, a possible short term owner carry, for 6 months to a year, please help us find our place in a piece of heaven! Thank you Patti

Sam October 2, 2013 at 5:54 pm

I sent you an email earlier today, Patti. Looking forward to helping if I can!

Paul January 19, 2014 at 10:13 am

Hello, we are looking for a property in or around estes park co that could fit any of the above descriptions, we are just beginning our quest and are looking for something in the 1k to 2k range

Sam January 21, 2014 at 2:24 pm

Check your email, Paul. I sent you a message with more questions about your situation. I’m looking forward to helping you out!

Susan February 22, 2014 at 1:43 pm

I’m retired and looking to move in the Estes Park, Big Elk Meadow area for $150k if it needs a great deal of work. If not, in the $200k region.

Thank you

Sam February 24, 2014 at 4:45 pm

Thanks for the quick note, Susan! I sent you an email and am looking forward to your reply!

BILL DOLLOFF February 25, 2014 at 3:37 pm

ON YOUR AD YOU SHOW A MOUNTAIN CABIN TYPE IS IT FOR SALE IT HAS DIGGS ON THE FRONT OF IT. HOPE THAT HELPS DISCRIPTION.

Sam February 26, 2014 at 11:26 am

Sorry, Bill, but that cabin is not for sale. However, cabins like this come available from time to time. Sign up for the distressed list and keep an eye on my “fixer-uppers” and you might find what you are looking for.

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