The home is on 5 acres. This home is livable, but does need work. See details further below.

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1 2841 Meadows Drive Pagosa Springs, CO Single Family Home (2 Story) + Out Building 4-6 Bedroom / 2 Bath / 2 car attached garage/shop Appx 2,544 SF Plus Garage + Out Building This lovely home is in the exclusive Meadows subdivision. It s close to all conveniences in the Pagosa Springs core area on the west side of town. It includes a separate building in addition to the large, attached garageworkshop. The home is on 5 acres. This home is livable, but does need work. See details further below. SPECIAL FINANCING OPTIONS 1 The home can be bought with ZERO DOWN using a special government loan. There is an income limitation of appx $79,000 per year. Our experienced lending partner can fill you in on the details quickly. 2 If you are 62 or older, you can BUY this home using a Reverse Mortgage. It would require an appx 35% down payment, but there would be NO MORTGAGE PAYMENT for as long as either borrower is in the home and it is your principle residence. 3 A standard 3.5% down Fha loan can be used and Wells Fargo is offering a 3% down loan too. 4 FIXER LOAN SEE BELOW Let us know how we can help you buy this home! Scroll Down

2 If you are considering this as a second home, we can help you with all matters of management and upkeep. This includes checking on the home periodically, arranging for skilled people to do repairs or routine services, and even stock the refrigerator before your next arrival. To learn more, see the web site. STATUS - The home is available for move in. OFFERING- offered at $ 289,000. This offering is made by optionee, Southwest Property Trust, Inc Agents Welcome. 2.5% commission WHAT NEXT? For an appointment call : Ed Craft at If you d like to make an offer on the home, contact Scott Tonges. We are investors with an exclusive purchase option with the owner/estate. If you are working through an agent, have them contact us. Contact : Scott Tonges / President Southwest Property Trust, Inc / propertytrust@frontier.net See Homes : Company : SCROLL DOWN

3 Possible Upgrade Scenerio - assumes 2,900 SF home Kitchen Redo $ 22,000 All carpets & flooring Interior paint $ 16,000 ($50 sq yd) $ 7,250 ($2.50 psf) Deck rework $ 4,500 Upper floor rooms finish-out $ 15,000 Misc & reserve $ 20,000 Estimated total $ 84,750 These are not from bids. Buyer should get their own estimates. Total Investment - $289, ,750 = $373,750 * See financing End Value (subject to projected appraisal) $435,000 (at $150 psf) Financing - An all inclusive loan (purchase and fix up) is available for 5% down of total cost ($18,687 down) to qualified buyers, subject to final bids & lender s projected appraisal. Contact Scott Tonges / propertytrust@frontier.net for more information and lender contact.

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6 What We Do We are investors and offer a complete list of services from home sales to stocking the refrigerator for part time owners of homes in Pagosa Springs. Scott Tonges has been in the commercial & residential property business since A native of Houston, TX he and his wife, Betty, have lived in Pagosa Springs full time since He is an investor, broker, and educator-consultant. Learn more at the main company website: Ed & Lisa Craft Property Consierge Services Our background encompasses 30+ years of developing and building companies primarily in the hospitality and property protection sectors. Ed and his wife Lisa have been blessed with the opportunity to call Pagosa Springs home. After a family illness required their departure from their beloved Colorado high country and the property concierge business they developed in the Vail Valley, they are excited to have the privilege of bringing that experience to the folks of Pagosa country. Ed is a licensed Colorado agent with Southwest Property Trust. Ed Craft Lisa Craft - lisa@pagosaspringsconcierge.com See Our Full Services at