August 15, 2010
This Steamboat duplex was sold by the Federal Deposit Insurance Corporation after it closed the bank that originally took it back from the developer. Today, the duplex is managed as a vacation rental by Wendy Harvey, of Steamboat Elite Property Management.
Stories this photo appears in:
Steamboat Springs Realtors increasingly are dealing with distressed properties in the recessionary market. But many say the market for bank-owned homes is more complex than typically understood.