A house for five: A journey into a house for four in Colorado’s Greeley neighborhood, where an abandoned house sits abandoned in a parking lot, has a 711 elevator and is under a lot of renovation.
The story began with an email sent in late April.
“Hi, I’m from Denver, Colorado, and I live in the city of Boulder.
I recently purchased my first home, which is a 5-bedroom house.
I thought it would be a fun project to go and look at houses in Greeley, and this is the first home I have purchased,” writes one of the owners of the house.
“It’s a 3-bedroom, 3.5-bathroom house that has been vacant for a while.
The owner is looking to sell it, but we’re still looking for a new owner.”
So they started looking around.
A couple of days later, they emailed an offer to rent out the house for a month.
A week later, the owners wrote to them, and said that they had received offers for it.
“I think it’s a great project and will be great to help people with their renovations,” the owner wrote back.
“Thanks for taking the time to email us, and we’ll look into that,” wrote another.
“We have a very good chance of getting a deal, but it’s still a very cool house,” they wrote back a week later.
It wasn’t until they checked in that they realized that the house had actually been on the market for six months.
The owners said that the listing was for the same house as the one they had already purchased, and that they were looking for another owner who could rent out that one for the month.
After that, they started researching more.
“At first, I didn’t realize that the same listing was being offered by different people, so I was a little bit confused,” says Alex.
“There were many listings on the site, and a lot that were similar, so the owner would have two listings,” says Katie.
“But it turned out to be the same one,” says Ryan.
“When I looked at the listing, I realized that it was actually the same building.
It was actually one of my favorite houses, so it’s pretty cool,” said Ryan.
But before they could get a deal on the house, they found out that the owner of the building was not a renter.
They did find out that it had been a vacant house for several years.
They went back and checked to make sure that the address on the listing wasn’t their house, and they found that it wasn’t.
It turned out that there was an active lease on the property, and there was no other information on it.
So, they moved forward.
After months of research and planning, they decided to go ahead and buy the house in a foreclosure auction.
They called it the house they could afford.
“The house is going to be my life right now,” said Katie.
The buyer had a $10,000 down payment on the home, so they had no plans to move into the house and rent it out.
“Right now, we’re looking at the price of the property and the mortgage and what it’ll be worth in the future,” said Alex.
The house is actually a great investment for the owner, and he was able to save $5,000 a month on utilities, rent, and utilities.
The building was sold in February, and the owner is going into debt to pay off the $10k down payment.
It’s been a nice, quiet and relaxing experience.
“You get to see the other side of this house and the other owners,” says Alexis.
“This was an empty house, but this is a house that was abandoned for years, and now, it’s been repainted, and it has been repaired,” says Josh.
The builder of the home said it’s worth $200,000.
“In this day and age, people are very greedy,” says Ari.
“People want to make money off of things that are empty and neglected.
And I think people will use their money to buy properties, but that’s just wrong.”
It’s a lesson that all homeowners can learn from the experience of buying a house in Colorado, or any other state, says Alex, and how to handle a potential buyer.
“If you’re looking to buy a house and you don’t know the owner or know the building, or you have no idea how much money they’re looking for, just be a good citizen,” says Katy.
“Don’t ask them to pay you for the home they’ve bought, or the mortgage, or rent, or utilities,” says Mike.
“And just get in touch with the real owner.”