We are looking to buy a townhouse in Durango as second/retirement home.

Ali Albayrak
Home Buyer
Charlotte, NC

Our requirements are two bedrooms, great views and attached garage. We prefer new properties. Our budget is around $300,000 /- and we are willing to put down %-30. How is the market in Durango right now and such properties exist?

Answers (1)
Shane Dawson
Agent
81301
FIRST ANSWER

Durango is a smart place to look for your second home/retirement property, as you are probably already aware. There are a couple of new projects (One they just anounced yesterday) that sounds like it would be right up your alley (attached garage, views, nice layout, close to town, two bedrooms, etc.).

With 30% down you should have little trouble acquiring financing, provided credit scores and cash/liquid assets are good.

The Durango market has a slight dip earlier this year, but was based upon a movement in higher end sales that can skew the results of the market. We have been off to a busy spring and are anticipating a great summer sales season.

When can you come out to take a look?

Sat May 24 2008, 07:38

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