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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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What to Know if You’re Considering Distressed Properties

While the number of distressed properties isn’t nearly as large as it used to be, areas with rising home costs and low inventory have many homebuyers seeking more affordable options for purchasing their dream home. In areas experiencing high growth, a distressed property could be a great alternative. Distressed properties typically fall into three categories: […]

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3 Foreclosure Myths you need to Forget

With so much conflicting information on buying a foreclosure property, it’s no wonder potential buyers are wary of including these homes in their search. Maybe you’ve heard only horror stories of buying a foreclosure, but the truth is that buying these types of properties doesn’t have to be a negative experience. Don’t believe us? Read […]

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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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Considering a Short Sale? Follow these Tips for a Better Experience

The term “short sale” is a bit misleading. While it seems these would be quick transactions, they actually often (but not always), take longer to close than a traditional sale. If you’re house hunting in Denver and have a flexible timeline, short sales can actually be a great deal for buyers. What is a short […]

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Clearing Up Foreclosure Misconceptions

Anyone in the market for a new home is looking for a great deal. Chances are you may have come across some foreclosure listings in your home search, but may think going this route is too risky. Buying a foreclosure may not be the same as buying a traditional home, but it’s not as challenging […]

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What does Pre Foreclosure Mean?

If you’re a house hunter in Denver, chances are you’ve seen the term “pre-foreclosure” on some of the listings that come up in your search. You might be wondering what this type of property actually is. A pre-foreclosure home is a distressed property that the lender has not yet repossessed and sold at auction. Pre-foreclosure […]

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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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Benefits of Buying a Bank Owned Property

If you’re considering adding a bank or real estate owned (REO) properties to your home search, it’s crucial to understand exactly what these types of homes are and how they can be a great value. REOs are homes that have been repossessed by banks after the owners were unable to keep up with mortgage obligations. […]

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Could Buying a Short Sale be the Right Move for You?

The name is a bit misleading as short sale transactions can take longer than a traditional home sale, but the reality is there are several advantages of considering this type of property in your home search. In popular areas with hot real estate markets, like Denver, many potential buyers are adding short sales to their […]

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