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Perks of Buying a HUD Home

Many people looking to score a deal while house hunting choose to consider including HUD homes in their searches. There are a lot of perks in going this route, but only if you truly understand the process. So what exactly is a HUD home? In the simplest of terms, a HUD home is a property […]

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Examining the Good Neighbor Next Door Program

Purchasing a home can be a daunting task, especially if you’re in a competitive area or a first-timer who isn’t aware of all the resources available to you. You’ve likely heard of traditional loans through the Federal Housing Administration (FHA) or VA loans available to veterans, but if you’re a teacher, law enforcement officer, firefighter, […]

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Financing Options for HUD Homes

Expanding your home search options to include HUD homes can open a world of possibilities, especially in areas where inventory is low and demand is high. A HUD home is when a government-insured loan from the Federal Housing Administration (FHA) gets foreclosed and the Department of Housing and Urban Development (HUD) pays the defaulted loan […]

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Helpful Tips if you’re Considering Purchasing a HUD Home

Inventory is slowing creeping up in the Denver metro area, but affordability concerns still remain. For this reason, many house hunters – especially first time buyers – are considering adding HUD homes to their search options. A HUD home a house that was purchased with an FHA loan that has since fallen into foreclosure. It’s […]

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Keep these Tips in Mind when Considering a HUD Home

The reputation of HUD homes hasn’t been great since the housing bust of 2008. And while this type of housing can be greatly misunderstood, HUD homes and other types of foreclosures can actually be a great deal, especially in areas where inventory is low and prices are high. Many people are wary of purchasing HUD […]

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Can I get a Good Deal on a HUD Home?

When you think of a HUD home, it may not initially appear as an appealing option. Let’s face it: since the housing bust of 2008, the reputation of HUD homes hasn’t been that great. Contrary to what you might believe, HUD homes and other types of foreclosures can actually be a great deal. Here we’ll […]

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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. […]

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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 […]

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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 […]

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What is a HUD Home and is it the Right Home for you?

Owned by the U.S. Department of Housing and Urban Development, a HUD home is a kind of residential foreclosure. When a home financed by a Federal Housing Administration (FHA) loan goes into foreclosure, the original lender gets reimbursed by HUD for the outstanding loan balance. HUD then takes over ownership of the property and sells […]

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