Author: Ken Blevins

Ditch these Foreclosure Myths and Score the House of your Dreams

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Just getting started in the house hunting process in Denver? Chances are you’re noticing limited availability and high prices. If you’re in the market to buy a home, you may be wary of distressed properties – short sales, foreclosures, bank owned properties, etc. However, the process of buying these homes is a lot less challenging … Continued

Short Sale Tips for Buyers

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Considering purchasing a short sale? For many it’s a great way to break into homeownership and find a more budget-friendly deal – especially in a hot market like Denver. Here we’ll cover a few tips about the short sale buying process. If you think a short sale may be the right buy for you, these … Continued

Must Do’s for Buying an REO Property

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Buying a distressed property is a great option for buyers looking in booming areas like Denver. But if you’re new to the home buying process, you may not necessarily know what to expect when buying an REO (bank owned property). Fear not – the process isn’t as daunting as you might think. Check out the … Continued

Keep these Tips in mind when Flipping a Foreclosure

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House flipping is getting quite the reputation thanks to popular shows on a variety of cable networks. It occurs when real estate investors – or even first timers – buy a home (sometimes at auction, sometimes through foreclosure, etc.) and then resell it for a profit after some rehab/renovation. While this type of venture isn’t … Continued

Tips for Buying a HUD Home

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  Like other distressed properties, HUD homes can sometimes get a bad rap. But in reality, buying a HUD home can be a positive experience as well as a great deal! That is if you know what you’re in for. It’s important to understand facets of both the foreclosure process and the HUD Program. If … Continued

Is a Cash Payment Required for a Foreclosure?

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If you’re considering buying an REO (real estate owned) or foreclosed property, you may be under the impression that you have to pay for it all in cash. While there are many benefits to an all-cash purchase, it’s certainly not realistic for many buyers. While any amount of cash you can put down for a … Continued

What is a Bank-Owned Property?

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If you’re in the market for a home in the Denver area, you’re probably entertaining a lot of options. Because demand continues to grow, you might be checking out condos, single-family homes, custom homes, real-estate (bank) owned properties – you just never know where you might find your dreams. Supply is low in Denver, while … Continued

How are Short Sales and REO Properties Different?

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If you’re on a house hunt in the Denver metro area, you’ve probably come across a variety of properties including REO homes and short sales. While they’re both non-traditional sales, an REO (Real Estate Owned) property isn’t the same as a short sale. Here we’ll break down the differences in these types of properties so … Continued

Should you buy a short sale?

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If you’re considering purchasing a distressed property – either for your own residence or as an investment, there are a variety of options to choose from. Short sales, foreclosure properties, and bank-owned (REO) properties all have a unique set of advantages and disadvantages. Here we’ll check out some of the pros of going the short … Continued

Pitfalls to Avoid when Buying an REO Property

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While real estate owned (REO) or bank owned properties can be a great deal and good way to break into homeownership, there are mistakes to avoid to make the process as seamless as possible.If you’re considering purchasing an REO property, make sure to avoid the mistakes below. Mistake 1 – All foreclosed homes are bargains … Continued