370 Oil Creek Dr in the mountain subdivision of Rainbow Valley * Contact ALAN HOBDEN, Cherry Creek Properties, for full information on this listing (if you are NOT already working with another real estate agent). I can also research other Hud-owned and bank-repo houses for sale, as well as regular private-seller listings. EMAIL: EXPLOREPIKESPEAK@gmail.com (preferred) or Home/office: 719-748-1395 * Year-round living or mountain getaway * Rainbow Valley sits on the west side of Pikes Peak about seven miles south of Divide. Every house in this subdivision has a cistern for water (no private wells), to which a water deliver can make regular deliveries. * This is a HUD-owned property with repairs needed to bring house up to FHA loan standards (some plumbing repairs, mostly). These costs can be rolled into your 203-K rehab loan. Buyer must provide prequalification letter from lender (I can refer you to a good local lender if you need one). Hud will not look at bids less than list price (but usually these prices are the best around). * Initial bid period ends August 6 and is available only to homeowner/occupants (no investors). * HUD may pay up to 3% of purchase price toward buyer closing costs. * If you are NOT working with ANOTHER AGENT, I will be happy to research this home for you. Contact me for HUD bidding rules, bid deadline, and Property Condition Report. * I represent you, the buyer, not the seller. A buyer's agent looks out for the fiduciary interests of his clients; WHY would you want a seller's agent to make an offer for you on HIS client's listing? We are now in a pretty strong seller's market. * Licensed and active in Pikes Peak region real estate since 1999. I will research this home for you, if you will commit to work with me (at no cost to you). This research will be at considerable investment of time on my part so I would appreciate buyers who will work with me conscientiously.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
