If you’re a house hunter in Denver, chances are you’ve seen the term “pre-foreclosure” on some of the listings that come up in your search. You might be wondering what this type of property actually is. A pre-foreclosure home is a distressed property that the lender has not yet repossessed and sold at auction. Pre-foreclosure […]
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
The Scoop on HUD Homes and why you should consider one
If you’re house hunting in Denver, chances are you’ve come across properties listed by HUD. These types of homes can turn out to be a great deal if you understand what they are and the process of purchasing them. Let’s start with the basics: HUD stands for the U.S. Department of Housing and Urban Development. […]
Benefits of Buying a Bank Owned Property
If you’re considering adding a bank or real estate owned (REO) properties to your home search, it’s crucial to understand exactly what these types of homes are and how they can be a great value. REOs are homes that have been repossessed by banks after the owners were unable to keep up with mortgage obligations. […]
Could Buying a Short Sale be the Right Move for You?
The name is a bit misleading as short sale transactions can take longer than a traditional home sale, but the reality is there are several advantages of considering this type of property in your home search. In popular areas with hot real estate markets, like Denver, many potential buyers are adding short sales to their […]
Answers to Common HUD Home Questions
What is a HUD home? How do I buy one? Should I consider this type of housing? All of these are probably at the top of your list of questions when it comes to investing in a HUD property. It’s true that the HUD home buying process is different than traditional home sales, but […]
Who can buy a HUD home?
While the Denver market is slowly shifting towards buyers, inventory here remains low, while prices are still high. That’s why many house hunters add HUD homes to their searches – not only can it increase your options, but you could end up making a great investment! But what exactly is a HUD home and how […]
5 Tips for Buying Distressed Property
Buying a distressed property can be an appealing option for would-be home buyers looking in particularly competitive markets like Denver. The processes is a bit more involved than traditional housing options, but the end result could be a great deal. Check out the five tips below that will help you as you set out to […]
Avoid these Mistakes when Buying a Foreclosure
The number of foreclosure homes on the market isn’t what it once was, however, there are still good deals to be found. In areas with particularly competitive markets, like Denver, considering a foreclosure home is a great alternative to a traditional sale. While buying a foreclosure is a little different than a regular home purchase, […]
What is a “Fixer Upper” Loan?
When housing markets are super competitive, homeowners often turn to distressed housing (HUD homes, foreclosures, etc.) to help expand their options. Plus, depending on the distressed housing you look at, there are some very appealing incentives! HUD homes can be very attractive due to their lower price point, but most of the time these types […]
5 Tips you need to know if you’re Considering a Distressed Property
Buying a distressed property can be an appealing option for homebuyers with a limited budget. While they’re not just given away, distressed properties – short sales, foreclosure homes, bank owned homes, etc. – can often be a great value. But it’s important to know what to expect if you go this route. Check out the […]
