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This Maine Foreclosed home, located in Saco at 30 Cutts Ave, has nine bedrooms, three bathrooms, and is priced at Price Not Listed. Saco, Maine REO homes, foreclosures in Saco, Maine, search for REO properites and bank owned homes in your state. Advanced REO properties search by home address, REO # and MLS #, property type and status, price range and realtor name. Find foreclosure proeprty in Saco, ME, all types of REO homes and foreclosed properties including Saco, ME HUD homes and government foreclosures, VA foreclosure and FHA foreclosures in Saco, Maine. Maine houses for sale, foreclosed homes in Maine, search for REO homes and bank owned properties in Maine. This is houses for sale and foreclosure listings overall search with no email or credit card required. Absolutely FREE to use database of houses for sale, foreclosure homes, bank owed houses, foreclosures listings. Kevin White was integral in forming Verde Partners, a real estate investment group focused on the Des Moines urban housing market. We take great pride in our building and do our very best to keep it running smoothly. We love living downtown, and are excited about all of the changes coming to the neighborhood. Renovation of a 155,000 SF, 1917 building and former Look Magazine headquarters into 65 upscale lofts in downtown Des Moines.

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Pundits, builders, real estate agents and industry insiders querried variously blamed onerous FHA rules, consumer preference, unemployment, sluggish sales of homes by potential move up buyers, etc. With Riverwalk Brownstones however Hubbell knocked it out of the park and sales are on fire. My opinion is that they key to future successes in downtown condo sales such as those Hubbell is experiencing with Riverwalk Brownstones is to keep the prices affordable, around or at under $200,000, offer three bedroom options with two car garages, allow them to be sold FHA and keep the association fees low. Hopefully other builders and developers and their agents will take note of Hubbell's success with Riverwalk, stop bemoaning the state of the economy, and start building and offering products people want to buy at prices they can afford. View all required contact information like name, phone and email, realty firm name and address.
In doing a quick check I see that 2010 finished with 29 closed sales out of an inventory of approximately 111. The three bedroom units (there is a 2 bed option) come with 2.5 baths, a two car garage, granite counter tops, roof top access and importantly, association dues at $150 a month.
Riverwalk may be unique however because these are street level homes where you can walk right out onto the sidewalk, which are not in large supply. We currently have ten photos attached to the listing.The home was built forty-one years ago in nineteen seventy.

There are far too many one bedroom and two bedroom units, with the 1 bedrooms priced from $200,000 to $500,000 coming hobbled with association fees in the $250-$775 range.
With 3 bedroom, 3 bath, 2 car homes in surrounding areas selling for around $170-$175,000 that's a tough sell on lifestyle alone, even with a full ten year tax break for buying downtown.
The Riverwalk phase is being built behind the Brownstone phase and consists of four 4 unit buildings.
When submitted the property was listed under MLS #999300, REO #P100F11, and when this foreclosed home was listed it was owned by Fannie Mae.
Hubbell got this only half right, there were too many two bedrooms, even though the units had decent sq.
According to Darla Willett-Rohrssen the listing agent on the project, half of the new units have pre-sold, or have offers prior to the buildings being built.
In fact the units are selling so well Hubbell raised prices for the remaining phases which will all likely be BTO or Built To Order. From what I can see the un-built units are not listed but can be sold and will then be placed on the MLS when pending.

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