We did it! Closed today on a 1700 sq foot 3/3 on .34 acres literally on the shores of a major reservoir in the Colorado foothills 15 minutes outside of the hip college town where I work.
Approved for 750 but looking around 650. Made three offers that did not work (and with significantly greater tradeoffs than this). My husband found a FSBO that wasn't on the MLS, listed for 700 and had sat for a week or so - we called our realtor, saw it, and came in person the next day to put in our offer. When our realtor got there, an agent was nailing up a sign! But we were "grandfathered" in since we saw it before and after some live action back and forth got under contract at 660, each side paying 1.5 commission, conventional loan with 5%, all contingencies intact (seller ended up crediting some repairs, we sweated the appraisal). And then the calls started coming in based on the sign . . .too late.
Lakefront, lake views, across from marina, backs to multiple trails, 20 minutes from my office, 15 minutes from town. Public water sewer and garbage collection. You can get internet and amazon. It's small and can use some touch ups cosmetically but after looking in and hearing about the experiences of others, just wanted to throw out that miracles can happen. But you need to look everywhere and be ready to move!
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source https://www.reddit.com/r/RealEstate/comments/mhjqqj/my_colorado_lake_house_miracle/
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