Author: Ken Blevins

Tips for Purchasing a HUD Home

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Since the housing bust a few years back, HUD homes and other types of foreclosures may have gotten a bad rap. In reality, buying a HUD home can be a positive experience as well as a great deal. If you’re not familiar with the HUD home buying process, don’t worry, you’re definitely not alone. Here … Continued

Why should I consider buying a foreclosure?

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Denver’s housing market is hot right now, to say the least. So how does one go about purchasing a home where prices are increasing and inventory isn’t keeping up the pace? Distressed properties, like foreclosures, can be an ideal solution for people who want to break into homeownership, but may not be able to afford … Continued

Finances and the First Time Home Buyer

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If you’re considering purchasing your first home, chances are you may not know exactly what to do and where to start. Don’t worry – you’re not alone. You might think the first step is checking out properties in your desired neighborhood, but that actually doesn’t come until later. Until you know where your finances stand, … Continued

How Long do Short Sales Really Take?

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Purchasing a short sale property can be a fantastic way to break into homeownership at a discounted price. It can be especially appealing in hot markets (like Denver), where inventory is low and demand is high. You may have heard that, despite their name, short sales can take an exceedingly long time. While this can … Continued

Should I get Pre-Qualified to Buy a Foreclosure?

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While purchasing a foreclosure is a bit different than a traditional property, it’s never a bad idea to be prepared. And when it comes to purchasing any type of home, one of the most important ways to prepare is to get pre-qualified. Regardless of the type of property you’re buying, getting pre-qualified is a great … Continued

Foreclosure Bidding Process Now Online for Denver

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If you’re thinking of purchasing a foreclosure property in the Denver area, the process may have just gotten a bit easier. According to the Denver Post, Denver’s Public Trustee office has moved its weekly foreclosure auctions entirely online. The result is not only a cost savings, but the online auctions also make it easier for … Continued

Debunking Foreclosure Myths

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If you’re considering buying distressed property such as a foreclosure, you may have heard some myths about these types of listings. Here we’ll set the record straight on what you may or may not heard about investing in a foreclosed home. Myth 1: You must pay cash for a foreclosure This myth can actually be … Continued

What are the differences between a short sale and foreclosure?

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If you’re considering distressed properties – short sales, REO homes, foreclosures, etc. – you may be overwhelmed by the terminology and wondering the differences between these types of sales. While they all fall under the “distressed” umbrella, there are differences in each of these types of properties. Here we’ll give you a rundown of the … Continued

What to know when buying a HUD Home

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There are many misconceptions about HUD homes, and more specifically, buying a HUD home. What type of property is this? It’s actually simpler than you may think, and these types of  homes can often be a great deal. HUD homes have been acquired by the government due to foreclosure on a FHA-insured mortgage. In order … Continued

Do I need a big down payment to buy an REO property?

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In housing markets when inventory is limited, many buyers consider foreclosure or REO (bank-owned) properties. The process for buying these types of homes isn’t all that different than traditional sales and you can often times find properties for below market value. But what about the down payment? Here we’ll give you the breakdown of what … Continued