Wild Horse Steamboat - Information from an Independent Source: Foreclosure Notice Filed for Trailhead Lodge at Wildhorse Meadows

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.

About Me

Name: Steamboat Springs

Location: Steamboat Springs, Colorado, United States

I am very lucky to live here in Steamboat Springs with my family. I came here regularly for 19 years and despite the charms of all the other western mountain resorts it always felt like home. We followed our dream & moved up from Boulder. I am lucky to have an amazing wife, a very cool 6 yr old son Alden and a wonderful 4 yr old girl Neve. They both love to be outdoors skiing, hiking and fishing with us. I am an independent Realtor with Colorado Group, LLC. I have always believed that if I take care of others I don’t have to worry about myself. I work hard to understand your goals, give you information about each option, what is happening around it and the market as a whole so you can make the right decision for you.

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.

Labels: Steamboat Foreclosures