5 Things you need to do when buying a Distressed Property

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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. … Continued

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 … Continued

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 … Continued