On the Market: Foreclosure changes on commissioners agenda

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On the Market

Tom Ross' On the Market column appears Sundays in the Real Estate section of the Steamboat Pilot & Today. Contact him at 871-4205 or e-mail tross@SteamboatToday.com.

— Deanne Stodden, of Castle Meinhold & Stawiarski, LLC, gives a foreclosure training session from 1 to 3:30 p.m. Friday in the Commissioners Hearing Room on the third floor of the Routt County Courthouse, 522 Lincoln Ave.

Stodden will discuss House Bill 1276, known as the foreclosure time-out bill, which went into effect Aug. 1; and House Bill 1207, known as the public trustee cleanup bill, which takes effect Sept. 1. Stodden will examine how each of the new laws will affect foreclosures, public trustee offices, borrowers and loans in default. She will speak for about two hours and then take questions.

Anyone interested in foreclosures is welcome. Questions may be directed to Jeanne Whiddon, Routt County Public Trustee, by e-mail to jwhiddon@co.routt.co.us.

Property sales pick up with 17 transactions

Routt County recently enjoyed its best week of the summer in terms of real estate sales, with 17 transactions totaling almost $17.6 million for the week of July 31 through Aug. 6.

A big chunk of the sales total came Aug. 7, when Grassy Creek Holdings LLC, which is in Chapter 7 bankruptcy, sold several parcels of land southeast of Hayden to Sage Creek Holdings LLC for $5.3 million. Grassy Creek Holdings was one of four partners in the development of the Lake Village Subdivision near Hayden.

The week also brought luxury townhome and condominium closings at Trailhead Lodge at Wildhorse Meadows and The Porches, and the $2.7 million sale of a 6-acre lot at Marabou.

Comments

Scott Wedel 5 years, 3 months ago

Tom Ross has unfortunately, truly unfortunately, become a disgrace as a real estate reporter.

To have an item saying sales picked up when the number of sales reported for the most recent week is five (5) is taking promoting the real estate industry to the edge of lying. How can anyone claiming to be a reporter take week old data and ignore the data for the most recent week in order to argue "best week of the summer" when the most week would be the worst week of the summer?

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