Home for Sale at 137 Ridge Trail, Aspen, CO 81611

137 Ridge Trail
Aspen, CO 81611

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Property Details

List Price:	$860,000
Beds:	3
Baths:	1
Status:	Active
SqFt:	910
Agency:	Compass Colorado LLC

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1973
Notes:	Have an Aspen Address, go to Aspen Schools, and only minutes to Aspen, Snowmass or Basalt.This is one of the best locations with southern exposure and one of the larger lots for sale in Aspen Village (5,789 sq. ft), that opens onto open space and trails. It feels so much bigger with all the open space. This is important because you own the land and can build a free market unit of 2,026 square feet above grade and a basement as well. You have the right to keep the current home on the lot or replace it with a larger home. All changes are subject to the HOA that requires architectural approvals. The front of the lot is facing north, and the back of the lot is sunny south facing opening onto the open space. This 3 bedroom, 1 bath home is well cared for and easily maintained. Two storage sheds are in the back lawn area. There are beautiful garden terraces for flowers and vegetables located on the south lawn, there is a large patio on the east side and a wooden deck on the west side surrounded by trees and lawn. Aspen Village is located in the Aspen School District and school bus picks up children at community center. Aspen Village includes an outdoor pool, club house and small gym, as well as a children's playground and hiking trails nearby. Service dogs are allowed, upon approval with the Aspen Village HOA, and cats are allowed. There is parking for two cars on site, a guest parking pass included, and additional parking with approval to store a truck, RV, Boat or Trailer (one vehicle per household). A short walk takes you to the nearby bus stop, enhancing your connectivity to the entire valley. Must qualify through APCHA, as you are required work a certain number of hours in Pitkin County, this is a free market APCHA lot.
MlsNumber:	181474

Listing Provided By:	Compass Colorado LLC, original listing
Name:	Compass Colorado LLC
Phone:	(970) 925-6063
Office Name:	Compass
Office Phone:	(970) 925-6063
Agent Name:	Heidi Houston
Disclaimer:	Copyright Â© 2024 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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