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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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Ask yourself these Questions Before Buying a HUD Home

HUD homes can be a fantastic opportunity for first-time home buyers, especially if you’re willing to put a little work into the property. HUD homes are also a great option in areas where inventory is on the low side. While not identical to a traditional home sale, buying a HUD home isn’t particularly difficult. Here […]

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Examining the HUD Home Bidding Process

If you’re a potential home buyer in a hot market like Denver, chances are you may be considering adding HUD homes to your search to give you more affordable options. But if you’re a first-time buyer you may have questions about how to actually go about getting a HUD home. Here we’ll give you an […]

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What to Know Before Buying a HUD Home

HUD homes and other distressed properties often get a bad rap, but the truth is that these types of foreclosures can actually be a great deal. If you’re not familiar with the HUD home buying process, you’re certainly not alone. Here we’ll break down what to expect if you’re thinking of purchasing a HUD home […]

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