Columbine Valley Real Estate
Columbine Valley is one of Denver’s first golf real estate development.
Homes in Columbine Valley
Inspired by The Thunderbird Country Club in Palm Springs, the Columbine Valley real estate area was first established in 1955 when 17 families built their homes around the Columbine Country Club. There are approximately 1300 residents and 500 Columbine Valley homes today. The country club features a private championship golf course, tennis courts and swimming pool. Shopping and restaurants are nearby.
Foreclosures in Denver, CO have been increasingly more common the last few years. As soon as the real estate market began cooling off lots of home buyers had invested in properties they simply could not pay for as well as the prices decreased below what they could sell them for.
Short Sales have also been more common. A short sale happens when a property seller owe a lot more than the property is worth but has to sell it. Once a purchase price is agreed on as well as a contract is signed by the purchaser and the home owner, the contract is delivered to the lender for final approval. This process can take between four to 12 weeks to become complete. A short sale may give buyers a great way to purchase a home at a discount, on the other hand every single short sale is different and depends highly upon what the seller is willing to do, not how qualified the buyer is.
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