Wild Horse Steamboat - Information from an Independent Source

The Scoop on Wild Horse Steamboat from an independent Realtor who tells it like it is & takes a very thoughtful approach to valuation. I can tell you the history of this project & how it compares to other options so you can make a well informed decision. I stay current based on my relationships with people in the development community & insights into our market. Project details evolve rapidly so ask me for the latest at 970-879-0879.

Friday, May 06, 2011

Foreclosure Notice Filed for Trailhead Lodge at Wildhorse Meadows

It looks like the banks have started the clock ticking on the Foreclosure process for Trailhead Lodge at Wildhorse Meadows by filing what is called a NEDFS.  This can come out a variety of ways including the bank and developer negotiating new terms, an investor buying the note and more. Overall I think that the sooner this is worked through the better. The units will likely be freed up to sell at current market prices and the uncertainty around the development is reduced. The developer originally sold about 30 of the 86 units so we are talking about approximately 56 units that are still owned by the developer and held by this loan.  Click here for more details on the process for the Foreclosure at Wildhorse Meadows.

 If you have questions on this or any other Real Estate in Steamboat just let me know.  If you are interested in any other Steamboat foreclosures or bank owned properties I have significant experience with helping people like you evaluate their merits and negotiate the right price if it makes sense. A Proud partner with Colorado Group Reality

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Contact Jon Wade for more info about Wild Horse Meadows (TM) in Steamboat Springs. Call 970-819-6930 / 800-556-6717 x262 or email jon@mybrokers.com. I am a Real Estate Broker that is not affiliated with the developer so I can give you an independent perspective on this project and the rest of the base area update.

Search the Steamboat Springs Real Estate MLS or get information on One Steamboat Place the project at the other end of the new gondola. Project details evolve rapidly so make this be start of your due diligence. Details evolve with the developers plans. I can provide data based on the latest public plans and complete info packets from the developer once they are availible.

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