Trailhead Lodge – The troubles continue with a foreclosure notice

May 10th, 2011

TRAILHEAD LODGE AT WILDHORSE MEADOWS, LLC, a Colorado limited liability company Lot 1, Wildhorse Meadows 80487 $41,743,852.40 NED Recorded

The word on the street is that they have been trying to renegotiate their note to give them the opportunity to lower their prices. In short they have just not been able keep up with the declining market. It’s a great product and a nice location but the prices are just too high. We’ll see what happens with this. Time will tell.

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