Stagecoach CO Real Estate

Real Estate activity in Stagecoach centered around distressed properties in May, 2009.

Red Hawk Village saw almost half the activity with two homes selling and three going under contract. A South Shore home in foreclosure went under contract with the ridiculously low list price of $249,900.

Once these distressed properties are cleared out, prices will most likely rise again.  Don’t miss out if you are looking to purchase one of these “deals”, because most of them are already gone.

The homes at Red Hawk Village are gone.   Only 32 homes and 15 townhomes or condos are available in Stagecoach.  Most are not distressed.  The lowest priced single family home is now $330,000.

Search all Stagecoach Single Family homes Here.

Call (970) 819-6372 or contact me if you are interested in purchasing this year to take advantage of the $8000 first time buyer credit.

Land in Stagecoach is another story.  One lot sold in May. The buyer who purchased the Lakeview Meadows lot bought the adjacent $1,200,000 Lakeview Meadows home in March, 2009.

Here are all the details: [Read more →]

The public outrage over the huge increases in Stagecoach, Colorado tap fees must have caused those in charge to re-think their plans.

• Tap fees are back down to $10,000.
• Vault permits are approx. $13,500.

Also, they have revised the Lot Owner Agreement documents that need to be completed by Stagecoach buyers about Vaults (i.e. “Sealed Sanitary Systems”) and Unimproved Roads.

Read the 2008 Stagecoach Lot Owner Agreement here.

The “Sealed Sanitary Systems”–Vaults–may only be used for “Limited Use Occupancy”.  There is no definition of “limited use occupancy”, so you probably want to make some phone calls, including one to Morrison Creek Water, before you think about installing one.

Stagecoach, Colorado real estate sales are picking up. Even though foreclosures and short sales still account for the majority of activity, non-distressed homes are also going under contract.

The average list-to-sold ratio in Stagecoach is 94%.  When you consider that the homes were priced well to begin with, getting an additional 6% discount makes for some incredible values.

First time buyers are realizing that prices are getting to the point that they can buy a home for the same amount they are paying in rent. Buyers who have not owned a home in three years can get a $8000 tax credit if they close before December 1.

Search all Stagecoach homes here, or contact us about purchasing a home in Stagecoach.

There were no land sales in April.

If you have questions regarding electricity, water, or sewer, here are the numbers and web sites to get your questions answered:

Yampa Valley Electric (970) 871-2237 or (970) 879-1160

Morrison Creek Water and Sanitation –(970) 736-8250

Ferrell Gas–(970) 879-1375

Amerigas–(970) 824-5423

A brand-new, Red Hawk Village single family home with views of the Stagecoach reservoir recently sold for $300,000.  There is another one available for $294,900.  These distressed properties won’t last forever, and when they are gone, so are some of the best values in Routt County.

If you are wishing you could own one of these brand-new, distressed homes but don’t think you’ve saved enough for a down payment or can qualify for a mortgage in this current credit climate, think again.

Homes in Red Hawk Village can be financed with FHA Financing and even 100% Rural USDA loans.  The best part?  Low or zero down payments and relaxed credit scores.

If you are a first time buyer, you’ll also get $8000 back on your taxes, but only if you buy before November 30, 2009.

Search all Stagecoach Single Family homes, Including Red Hawk Village, Here.

USDA 100% Loans

• NO Down Payment
• Income (depending on household size) less than $60,000 for singles or less than $87,000 for a family of 4
• Credit Score above 620
• 30 year terms and rates

FHA Loans

• No Income Limit
• Loans up to $675,000
• 3.5% Down Payment
• Lower Credit Scores Accepted

Please call (970) 819-6372 or Contact Us to set up a showing or find out which lenders in Steamboat specialize in USDA and FHA loans.

Stagecoach, Colorado has seen the majority of buying and selling real estate concentrated in one neighborhood:  Red Hawk Village.  Since January 1, 2009, there have been three residential sales and five residential properties that went under contract.  Six of the eight transactions are in Red Hawk Village.

No vacant land parcels have sold or are under contract since the last sale on Bannock Trail in Meadowgreen in August 2008.

Stagecoach has seen an increase in showing activity as prices come down with foreclosures and short sales motivating buyers to get out their check books.

First time buyers will get an $8000 tax credit if they buy a home by December 1, 2009, and USDA financing is available with zero down to qualified buyers.  This is truly a good time to be purchasing a home if you plan on living in it for more than 3 years.

Here are the details for 2009:

Stagecoach Colorado Residential Real Estate–SOLD

Red Hawk Village is one of the best values in real estate right now, and a new Red Hawk Village foreclosure listing just came on the market priced at only $294,000.

This is a brand-new home with hardwood floors, granite tile counters, a huge garage, and a great location with views of Stagecoach Reservoir.

First time homeowners (those who haven’t owned a home in 3 years) are eligible for an $8000 credit, so you can get a brand-new home with high end fixtures then buy furniture for the house with the credit!

Interest rates are extremely low, and buyers who qualify can get 100% USDA financing or FHA financing is available with only 3.5% down.

Click to see all currently available homes for sale in Red Hawk Village.

Call (970) 819-6372 to set up a showing.

Red Hawk Village in Stagecoach has some of the best values in all of Routt County for single family homes.  There are 27 homes in Red Hawk Village, and a few of them are “distressed”.  Distressed homes are where the owner can no longer afford the property and it is being sold by foreclosure, short sale, or auction.

Since January 1, 2009, several of these distressed properties in Red Hawk Village have gone under contract.  The process for a short sale/foreclosure is longer and more complicated than working with the seller, but the prices for these properties can make the extra hassle worth it.

Click to see all currently available homes for sale in Red Hawk Village.

If you are interested in purchasing one of the distressed properties in Stagecoach, please call (970) 819-6372.