We are now accepting reservations for the nine Phase 4 homes to be built on Lots 44-52. We will guarantee the current home price of $147,500 on these nine homes until February 28, 2022. These homes may be reserved with a conditional purchase contract, first come, first served.
Buyers requiring financing must first get pre-approval from a bank or other mortgage lender or broker. Buyers may use the bank or other lender of their choice or may choose to contact the following lenders familiar with the River Run Colorado 60-year land lease structure:
• Northpointe Bank: contact Ricki Gray at 970-236-8418
• Cardinal Financial: contact Roni Fraser at 970-624-6333
Note: River Run Colorado is unaffiliated with the above financing sources and cannot provide assurances regarding loan qualification or terms.
Upon receiving pre-approval from a lender, buyers will put up an initial earnest money deposit of $1,000 to secure their conditional contract. That deposit is fully refundable until buyer accepts the loan terms offered to it, at which point buyer must deposit an additional $2,000 earnest money to hold the home until completion and closing.
Cash buyers will secure their conditional contract with an earnest money deposit of $3,000.
For both cash and financed buyers, River Run Colorado is obligated to build the home in accordance with published plans and specifications. Buyers have rights of inspection during construction and before closing.