For Sale, Friendly Occupant Included [ Fresh Listings, Get 'Em Hot]

Hi Folks.  I just finished writing our latest edition of Fresh Listings. It includes the very curious tale of what once seemed to be a great investment in a tony Denver neighborhood, but now appears to a landlord's nightmare. 

Why? Well, let's just say you're not just buying the house. You're buying a big problem: the home has occupants who seemed to have stopped paying rent and, in case you missed it, Colorado has a statewide eviction moratorium.  

After months of struggle, the owner has had enough. They want out and they want out, fast. It's being offered at auction, with a starting price hundreds of thousands below value. 

What's the risk premium, kids? So far, there appear to be no bidders. 

Reminder:  Fresh Listings is our weekly newsletter, where we highlight the most interesting real estate listings to hit the real estate market. We sift through the market carefully, looking for the newest, most attractive listings available - so you don't have to. We also opine on market value and due diligence issues that may affect each property.  This week, we're unrolling coverage in Denver. 

Why don't we just publish Fresh Listings on the blog?  We can't. Realtors can only discuss active listings via private communication. Fresh Listings is our vehicle to do so.  If you'd like to learn about House Einstein's honest thoughts about the latest listings to hit the market, plus most current market analysis and commentary, please sign up

Osman Parvez  is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.

Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market.| Subscribe

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  image: Marina Khrapova

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.