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3 Reasons to Consider Buying a Distressed Property

Aside from increasing your housing options, considering distressed properties additional benefits as well. In areas where affordability is low and choices are limited, buyers – first timers or not – may be surprised at the advantages of considering distressed homes. Distressed homes that are for sale not because the owner wants to sell, but because […]

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The Pros and Cons of Buying a Short Sale

Many buyers see a home listed as a short sale and immediately cross it off the list. But if you educate yourself on the process of buying a short sale, you might be surprised to find out it’s not the nightmare-ish experience you may have heard about. A short sale is when a homeowner wants […]

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Why You Should Consider Buying a Bank Owned Home

If you’re considering 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 (REO) homes. It’s possible to get a great deal on distressed properties, but REO properties, in particular, come with a unique set of benefits. Read on to see if this […]

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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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The Pros of Buying an REO Property

Whether you’re looking for an investment property or a new place to call home, an REO property (real estate owned) may be the perfect option for you. Real Estate Owned properties are properties owned by a bank. These properties have gone through the foreclosure process, but no one successfully bid on them for purchase. There […]

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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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