In hot real estate markets like Denver, would-be buyers often include distressed housing in their property searches to expanding their options. If you’ve been considering this type of property, it’s possible to find a great value, but only if you know what to expect along the way. Think a bank-owned home, foreclosure, or short sale […]
About Ken Blevins
Ken Blevins, CEO of Metrowest Real Estate Services, is a veteran in mortgage and default servicing with more than 24 years of experience in collections, foreclosure/bankruptcy, loss mitigation and real estate disposition (REO). Blevins was an original co-founder of Metrowest in 2003, a Real Estate Brokerage and Services Company focused on the resale, recovery and liquidation of distressed real estate in Denver, Colorado and surrounding metros. Blevins assumed the role of CEO in January 2014 and provides strategic direction and has management accountability for the day-to-day operations. Under his direction, Blevins drives all default management operations to maximize asset value recovery and reduce loss severity through a strategy focused on customer service and state of the art technology. Blevins has 18 years of direct operational experience in all facets of REO Asset Management having managed large national REO Disposition contracts for Fannie Mae, Freddie Mac, Wells Fargo, JP Morgan Chase, CitiFinancial, GMAC Mortgage and other various financial institutions. Blevins specialties include REO asset management, real estate investment, bulk REO acquisitions and distressed asset recovery and liquidation, and he has directed the resolution and liquidation of over ten billion in institutionally-owned residential real estate.Author Archive | Ken Blevins
4 Reasons you should Consider Buying a Bank-owned Property
If you’ve decided to include distressed properties in your home search, chances are you’ve heard of several types including foreclosures, short sales, and bank-owned or real-estate owned homes. It’s possible to get a great deal on distressed properties, but REO properties, in particular, come with some unique perks. Check out the following reasons to consider […]
Is Buying a Short Sale Right for You?
If you understand what you’re in for, buying a short sale home in a competitive market can be a great option. Below are a few things to keep in mind as you consider whether or not this type of housing is right for you. First, what is a short sale? Short sale properties are ones […]
3 Common Foreclosure Myths Debunked
There’s a lot of conflicting information out there when it comes to buying a foreclosure property. Maybe you’ve heard only horror stories about buying a foreclosure, but the truth is that purchasing these types of properties doesn’t have to be a negative experience. Here we’ll debunk some of the common myths you may have heard […]
Keep these 3 Tips in Mind if you’re Considering a HUD Home
There are a lot of misconceptions when it comes to buying HUD homes, which makes many people wary simply because they don’t know the process. While this type of housing is often misunderstood, HUD homes can actually be a great deal, especially in areas where inventory is low and prices are high. Here we’ll run […]
What you need to know if you’re Considering an REO Property
If you’re house hunting in Denver, there’s a good chance you’ve run across the term “bank owned” or “REO” (real estate owned) properties. For first time buyers, these types of properties can actually be a great value, especially in areas with limited inventory. The way to ensure your REO buying experience is a good one […]
Can anyone Qualify for a HUD Home?
Denver’s market has recently endured a bit a cool down, but home prices here are still high, with inventory numbers still on the low side. For this reason, many house hunters add HUD homes to their searches – not only can it increase your options, but you could also end up making a great investment. […]
Steer Clear of these Mistakes when Buying a Foreclosure
Foreclosure homes aren’t flooding the market nearly as much as they were ten years ago, but they do still occur and they can be a great way for buyers to break into homeownership in competitive areas like Denver. While it’s true that buying a foreclosure is a little different than a regular home purchase, it’s […]
Do I have to Use Cash to Buy a Distressed Property?
Many people are wary of purchasing distressed properties because they think they have to pay in cash. However, that’s not always the case. Here we’ll explore non-cash financing options for different types of distressed housing that makes purchasing this type of property much more manageable. Buying a real estate owned (REO) home with a conventional […]
What First-Time Buyers Should Know About Buying an REO Property
If you’re a homebuyer on a budget, buying a distressed property such as an REO could be a great option for you. Here we’ll provide an overview of what REO properties are and what you need to know before determining if this property is right for you. REO stands for “real estate owned” and these […]
